Krebs on Security

MAY 16, 2020

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.

Insurance 363

Insurance Banking Identity Theft Accountability 363

Krebs on Security

MAY 23, 2020

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S.

Insurance 338

Insurance Accountability Banking Government 338

Krebs on Security

NOVEMBER 19, 2021

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

Scams 355

Scams Banking Passwords Authentication 355

Krebs on Security

DECEMBER 8, 2022

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. Encrypting sensitive data wherever possible. ”

Healthcare 274

Healthcare Backups Ransomware Insurance 274

Krebs on Security

SEPTEMBER 2, 2021

Whether it’s related to hotel or airline rewards or just Amazon gift cards, after they successfully log in to the account their scripts start pilfering inboxes looking for things that could be of value.” . “These guys are looking for low-hanging fruit — basically cash in your inbox.

Accountability 301

Accountability Authentication Passwords Hacking 301

Krebs on Security

FEBRUARY 25, 2021

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. Many states also lacked the ability to tell when multiple payments were going to the same bank accounts. 77,000 NEW (AB)USERS EACH DAY.

Scams 314

Scams Insurance DDOS Authentication 314

Security Boulevard

NOVEMBER 19, 2021

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim's funds via Zelle, a "peer-to-peer" (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

Scams 111

Scams Banking Accountability Phishing 111