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2023: A Year of Record-Breaking Data Breaches

Identity IQ

Data breaches reached an all-time high, leaving a trail of identity theft cases. This has left victims scrambling to understand the extent of the damage and how to help protect themselves against the evolving threat of identity theft. Protecting yourself from the damages of data breaches and identity theft is paramount.

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Confessions of an ID Theft Kingpin, Part I

Krebs on Security

At the height of his cybercriminal career, the hacker known as “ Hieupc ” was earning $125,000 a month running a bustling identity theft service that siphoned consumer dossiers from some of the world’s top data brokers. Ngo’s former identity theft service, superget[.]info. Secret Service.

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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Upon detection, it alters the banking information of the intended recipient (like the victim’s supplier) to details specified by the perpetrator.

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State of Cybercrime 2020: FBI Report

SecureWorld News

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. The IC3 received 19,369 reports of BEC/EAC scams in 2020. "In

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What is Phishing?

Identity IQ

Phishing is a type of social engineering scam most commonly hidden in a fraudulent email but sometimes via text message, website, or phone call where a criminal posing as a legitimate institution, such as a bank or service, tries to obtain sensitive information from a target victim. What is Phishing? Spear Phishing.

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The Origins and History of the Dark Web

Identity IQ

But the dark web is also associated with illegal activities including the trafficking of drugs, weapons, and illegal pornography, hacking and cybercrime, terrorism, and the sale of stolen data or personal information. The deep web is also made up of content that is not indexed by search engines and requires a login to access.

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Research partnership to examine how fraudsters abuse financial tech innovations

SC Magazine

With that in mind, a newly announced three-year research partnership between the Federal Reserve Bank of Atlanta and Georgia State University’s Evidence-Based Cybersecurity Research Group (EBCS) will examine the tactics and techniques that fraudsters are leveraging to abuse online payments.