VISTA InfoSec

JUNE 21, 2023

The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. When reporting the breach, law enforcement or another party helping to act on the breach will use this information to determine and advise on the next steps.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

SEPTEMBER 11, 2019

This is not the first time the FBI has sounded a warning about business email compromise. The numbers come from the FBI’s annual Internet Crime Report , which detailed that the use of social engineering, emails and other methods to get victims to wire money to fraudsters was a lucrative business. Fraud Trends. billion in 2018.

Scams 65

Scams Email Compromise Compromise Wires 65

Clearly Payments

MARCH 4, 2024

The stolen data was then exfiltrated from the network and, ultimately, used for fraudulent purposes, including unauthorized purchases and identity theft. The scheme thrived due to lax security and regulatory oversight until law enforcement shut down Liberty Reserve and indicted its founders for facilitating money laundering.

Phishing 59

Phishing Data Breach Law Enforcement Money Laundering 59

FICO

MAY 17, 2019

Let me explain, because the time for the army of zombie synthetic identities may be nigh. What Is a Zombie Synthetic Identity? Many of us remember 2013 when the FBI announced that they had dismantled a major criminal ring committing credit card fraud. How to Stop the Zombie Synthetic Identity Apocalypse.

FBI 75

FBI Credit Risk Identity Theft Law Enforcement 75