The Federal Bureau of Investigation report reveals that Business email compromise scams caused losses to businesses for 5 billion dollars over four years. Business email compromise (BEC) continues to be a profitable attack technique for crooks and a serious threat to businesses. The FBI has published data related to this specific criminal practice, and financial […]
Between April 2014 and June 2015, the IC3 received 992 CryptoWall related complaints, with victims reporting losses totaling over $18 million. Cryptowall is one of the most nefarious ransomware in the wild, in twelve months the FBI has estimated that the overall losses were more than $18 million. Ransomware implements a classic extortion scheme typically demanding that victims pay ransom […]
IC3 and FBI warn about a significant increase of cases related to Business Email Compromise, nearly 2,000 individuals were victims of a wire payment scam. According to an online statement from the Internet Crime Complaint Center (IC3) and the FBI, nearly 2,000 individuals were victims of a wire payment scam that was extended to 45 countries and […]