A Nigerian man has been sentenced to five years of prison time and pay $2.54 million in restitution for running business email compromise scams that attempted to steal $25 million.
While phishing continues to be the prevalent threat in malware-less email-based attacks, cybercriminals refine their methods by adding an impersonation component to increase the success rate against company employees.
Department store chain Macy's is telling some of its customers to keep an eye out on their online store profiles and card statements for signs of fraud following the discovery of a security breach.
"HTTP injector" apps traded in public Telegram channels are becoming a popular method of gaining free Internet access on mobile devices.
Visa said last week that two years after US retailers started deploying terminals that could read chip-based credit and debit cards, reports of counterfeit card fraud have dropped by 70%.
The US Department of Justice (DOJ) has charged 36 suspects for their role in Infraud, a cyber-criminal organization that has been involved in the acquisition, sale, and dissemination of stolen identities, stolen debit and credit card data, personally identifiable information (PII), financial and banking information, computer malware,
Four major banks from South Korea have filed a lawsuit against Newegg, a US-based computer parts retailer, alleging the company has participated in a massive financial scheme that has defrauded the banks with hundreds of millions of dollars.
There is now an Android app that can search and detect gas pump skimmers based on their Bluetooth fingerprint.
Canadian police have seized the domain of Fazny.ca, an online electronics store that stole users' payment card data and used it to make fraudulent purchases.
City of London Police announced they arrested four suspects, two men, and two women, on accusations of running tech support scams.
Tens of thousands of fake listings are added to Google Maps each month, redirecting users to fraudulent websites selling phony or overpriced services, or part of some referral scam.
A Lithuanian man swindled two US tech companies out of over $100 million after he tricked employees into wiring money to his own company's bank accounts.