The Federal Communications Commission proposed a $225 million fine against Texas-based health insurance telemarketers for making approximately 1 billion illegally spoofed robocalls.
According to the Federal Trade Commission’s Report, from January 1st through April 15th, Americans have reported losing $13.44 million dollars to fraud and they’ve received 18,235 reports related to COVID-19. To avoid coronavirus scams, it’s crucial to understand and identify the red flags and behaviors of “fear scammers.”
TransUnion released its quarterly analysis of global online fraud trends, which found that the telecommunications, e-commerce and financial services industries have been increasingly impacted.
When an incident or disaster occurs, security and fraud investigators go to work. They must be able to rely on innovative processes and tools that allow them to swiftly locate and analyze the information needed to determine the proper resolution or action. Credit unions need intuitive solutions that can be leveraged across multiple departments in a moment's notice to be more efficient and effective in today’s challenging environment.
In light of the reports of theft of COVID-19 stimulus checks (which one headline called “pure hell”), it’s instructive to look back at recent breaches of IRS systems and processes.
The Federal Bureau of Investigation (FBI) has posted a Public Service Announcement (PSA) noting that the Internet Crime Complaint Center (IC3) has seen an increase in reports of online extortion scams during the current "stay-at-home" orders due to the COVID-19 crisis.
With COVID-19 lockdown measures in place throughout the globe, online shopping has soared and along with it, credit card skimming. According to Malwarebytes data, web skimming increased by 26 percent in March over the previous month.
The FBI Charlotte, N.C. office is warning social media users to pay close attention to the information they share online. A number of trending social media topics seem like fun games, but can reveal answers to very common password retrieval security questions, says the FBI, as fraudsters can leverage this personal information to reset account passwords and gain access to once-protected data and accounts.
A new report by LexisNexis® Risk Solutions, Cybercrime Report covering July 2019 through December 2019, reveals how fraud has increasingly become borderless on a global scale.
Internet-enabled crimes and scams show no signs of letting up, according to data released by the Federal Bureau of Investigation's (FBI) Internet Crime Complaint Center (IC3) in its 2019 Internet Crime Report.
