#infosec | Only 12.5% of Top US Retailers Protect Customers from Email Fraud

A study conducted by cloud-based email security company Red Sift has found that only 12.5% of America’s top 100 retailers have taken steps to prevent fraudulent emails from landing in their customers’ inboxes. The worrying finding emerged after Red Sift researchers looked into the DMARC status of companies featured in STORES Magazine’s Top 100 Retailers for…

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#cyberfraud | #cybercriminals | Business Email Compromise: Protect Your Company From This Common Scam | Bennett Jones LLP

Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations. This Privacy Policy describes how JD Supra, LLC (“JD Supra” or “we,”https://www.jdsupra.com/”us,” or “our“) collects, uses and shares personal data collected from visitors to…

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#hacking | Hacking group linked to Iranian gov’t tried to break into US Presidential candidate’s email, says Microsoft » OnMSFT.com

Reporting of nation-state attacks has been increasing over the past handful of years as both journalists and targeted entities are becoming more transparent about the data and personal information of citizens, customers and users that are put at risk. Either directly or by proxy tech companies have increasingly been getting…

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#cyberfraud | #cybercriminals | FBI Annual Internet Crime Report: $2.7 Billion in Losses Headlined by Non-Payment Scams, Business Email Compromise

The FBI’s Internet Crime Report, which provides data on the agency’s complaints and cases for the previous year, has been released. This annual report is prepared by the bureau’s Internet Crime Complaint Center (IC3), and is always a worthwhile read as it helps to identify trending patterns in cybersecurity. This…

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#cyberfraud | #cybercriminals | Student loses $2,000 in Columbia Outlook email phishing scam – The Columbia Chronicle

Wesley Enriquez A Columbia student lost $2,000 in September after falling victim to one of several alleged dog walking job scams circulating among the school’s Outlook accounts, causing Columbia administrators to warn students to be on the lookout. The student—whom the Chronicle will not name for privacy concerns and will…

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#cyberfraud | #cybercriminals | ATO, Westpac email scam prety on Tax Return deadline, news update

The looming deadline for tax returns is being exploited by scammers looking trick unsuspecting victims. Email security company MailGuard has discovered two separate tax-themed scams flooding inboxes across the country. The first email scam, purporting to be from the Australian Taxation Office (ATO), includes the subject line: “Require Action: 2019…

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#cyberfraud | #cybercriminals | West Africa’s Scattered Canary gang shows how cybercriminals supersize email scams

Written by Sean Lyngaas Jun 5, 2019 | CYBERSCOOP Sometimes the most effective scam techniques are also the most mundane. Business email compromise attacks don’t involve advanced malware, and aren’t carried out by headline-grabbing nation-state hackers. BEC scams simply rely on personalized emails to dupe victims into transferring funds to someone who appears…

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