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The US Secret Service hosted a virtual Cyber Incident Response Simulation for financial services, real estate, retail and hospitality executives who trained on mitigation strategies for a simulated business email compromise (BEC) attack. Business Email Compromise is a sophisticated scam targeting both businesses and individuals performing a transfer of funds. The scam is frequently carried out when a subject compromises legitimate business e-mail accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.
The U.S. Secret Service will build a new 13-foot fence to surround the White House, nearly doubling the height of the current fence to help keep intruders out.
Money is big business in Peru – over the past two years, Peru has overtaken Colombia as the top source of counterfeit U.S. dollars, according to the U.S. Secret Service. In response the service has opened a permanent office in Lima last year (only the fourth such office in Latin America), and has since helped Peru arrest 50 people on counterfeiting charges, CBS News reports.