All Blog postsBusinesses are constantly targeted by criminals attempting to gain access to information that will allow them to fraudulently divert wire transfers. This fraud often occurs after the criminal has compromised the email account of someone in the company who can approve such transfers, taking over communications with customers and vendors. This exploit has become a multibillion-dollar criminal business model. But can those funds be recovered? And how can you protect yourself from such attacks?
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Wire Transfer Fraud – Can Funds Be Recovered? Posted on: September 20, 2022 In: Data Privacy & Cybersecurity
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FBI Healthcare Alert - Imminent Threat Of Widespread Ryuk Attack Posted on: October 29, 2020 In: COVID-19 ResponseThe FBI and DHS-CISA issued a warning on October 28, 2020 about an imminent threat to hospitals and healthcare providers. They represent that they have credible information to suggest there will be a widespread Ryuk ransomware attack this weekend (October 30 - November 1), and the FBI, DHS and the NSA's Cybersecurity Threat Operations Center are currently investigating the matter. It is recommended that hospitals and healthcare providers implement the following measures as soon as possible.
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How to Protect Yourself from Zoom-Hijacking Posted on: April 09, 2020 In: COVID-19 ResponseOn March 30, 2020, the FBI announced that it has received multiple reports of video-teleconferencing (VTC) hijacking attacks in recent weeks. The attacks target the VTC platform Zoom and involve unidentified individuals joining online meetings and disrupting them with pornographic and/or hate images and speech. This type of attack is being referred to as “Zoom-bombing.”
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Hot Off the Press: The 2019 FBI Internet Crime Report Posted on: February 24, 2020 In: Data Privacy & CybersecurityRecently-released FBI statistics provide a sobering reminder that businesses and individuals should continue to make cybersecurity a top priority in 2020. According to the FBI’s 2019 Internet Crime Report, internet crime complaints are at an all-time high. In addition, the magnitude of resulting losses is also reaching new heights.
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Ransomware Reminders: Implementing Best Practices & Avoiding the Biggest Mistakes Posted on: June 27, 2019 In: Data Privacy & CybersecurityRansomware continues to ravage systems across the globe in part because, unlike more typical malware, its lifespan on a computer is incredibly short. Recent strains like Ryuk and BitPaymer encrypt files and deliver their ransomware messages within seconds of appearance on a victim’s computer, leaving little time for detection and defense. The FBI recently alerted data security professionals worldwide to be aware of yet another new variant – this one called RobbinHood – that follows similar attack vectors.
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The Financial Fraud Kill Chain: Combatting Fraudulent Money Transfers Posted on: April 02, 2019 In: Data Privacy & CybersecurityBusinesses are constantly targeted by criminals attempting to gain access to information that will allow them to fraudulently divert wire transfers. This often occurs after the criminal has conducted sufficient reconnaissance to determine who likely has an occupational role to approve or initiate wire transfers. The employee will then be targeted – often a financial executive like a Chief Financial Officer – and their email account will be compromised. But this can be prevented.
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