IC3.gov 2019 Internet Crime Report: Its All About that BEC

IC3.gov 2019 Internet Crime Report: Its All About that BEC

For years I have been encouraging people to report their instances of Cybercrime to the FBI's Internet Crime & Complaint Center, IC3.gov. Based on the number of reports, people are finally doing ...
Email Fraudsters Trick Puerto Rico’s Government into Wiring $2.6 Million to Bogus Accounts

Email Fraudsters Trick Puerto Rico’s Government into Wiring $2.6 Million to Bogus Accounts

Thieves managed to trick the Puerto Rico government into making $2.6 million worth of payments to the wrong recipient in an elaborate phishing scheme. Tricking local government officials into making payments to ...

Five Emails you don’t want in your Inbox

Phishing attacks are the most common form of cyber attack. Why? The simplicity of email gives cybercriminals an easy route in, allowing them to reach users directly with no defensive barriers, to ...
Business Email Compromise (#BEC) Email Forwarding In Action

Business Email Compromise (#BEC) Email Forwarding In Action

DarkTower President Robin Pugh was chatting with a friend who is the VP of Operations for her family business. She mentioned as an aside that their email had been hacked, and of ...
Spear phishing is now the main attack vector for cybercriminals, says Europol

Spear phishing is now the main attack vector for cybercriminals, says Europol

Spear phishing is the number one cyber-threat to organizations in the European Union, according to the European Cybercrime Centre (EC3), a group of cybersecurity experts set up by Europol to help fight ...
BEC Scam Swindled Media Conglomerate Nikkei out of $29 Million

BEC Scam Swindled Media Conglomerate Nikkei out of $29 Million

Nikkei Inc. recently fell victim to a business email compromise (BEC) scam that cost the Japanese media conglomerate $29 million. In a statement released on October 30, the company revealed that an ...
Cyber Security Roundup for October 2019

Cyber Security Roundup for October 2019

The UK National Cyber Security Centre (NCSC) released its annual review. The report showcases the NCSC successes with its core mission to make the UK the safest place to live and work ...

Phishing Attacks remains a popular Money-Spinner for Cyber Criminals

F5 Labs’ latest Phishing and Fraud Report reveals that phishing continues to be one of the most prevalent ways cybercriminals are breaching data and making money in 2019.Over the years, phishing has ...
Payroll Fraud: A Growing BEC Threat to Businesses and Employees Alike

Payroll Fraud: A Growing BEC Threat to Businesses and Employees Alike

The FBI reports that direct deposit change requests increased more than 815% in 1.5 years $8.3 million. This number represents the total reported losses due to payroll diversion schemes that... The post ...
Stories of Romance Scam Victims: Ronayerin Ogolor

Stories of Romance Scam Victims: Ronayerin Ogolor

| | bec, nigeria, romance scams
Ronayerin Ogolor has pled guilty to causing $900,000 in losses to at least 13 Romance Scam victims. Ogolor, a 50 year old naturalized citizen from Nigeria, lived in Kansas City, Missouri when ...