Security researcher Salvatore Lombardo shared details about a new instance of Nigerian fraud that he called ‘Beyond the border scam.’ The 419 scam is a form of scam that requires the recipient to pay an upfront sum to receive a much larger reward later. The name derives from article 419 of the Nigerian penal code which punishes […]
FireEye published a report on the operations of a group of 419 scammers located in Nigeria, which is using malware as a component of their fraud scams. Security firm FireEye has published a new report on a new group of 419 scammers that is using keyloggers and other malware to implement its fraud scheme. According to the investigators, the fraudsters diverted potentially millions […]