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Fraud Practice
Nov 2, 20212 min read
FBI Charges Creators and Distributor of Gozi Malware
Three sophisticated fraudsters behind the malware Gozi, which infected over one million computers including hundreds at NASA, have been...
Fraud Practice
Nov 2, 20212 min read
Orchestrated Global Attacks Steal $11 Million with Prepaid Card ATM Withdrawals
In a highly organized and orchestrated attack, money mules across the world cashed out prepaid debit cards withdrawing millions of...
Fraud Practice
Nov 2, 20212 min read
Microsoft and Symantec Shutdown Massive Botnet
The Bamital botnet, assembled by an organized group of fraudsters to commit click fraud, infected hundreds of thousands of computers but...
Fraud Practice
Nov 2, 20212 min read
Increased Credit Limits with Fake Identities Stealing $200 Million
Eighteen members of a sophisticated fraud ring operating out of New Jersey were arrested in early February for their massive scam...
Fraud Practice
Nov 2, 20211 min read
Adobe Breach Compromises 150,000 Customer Records
After a hacker posted a sample of compromised records online Adobe confirmed a breach affecting 150,000 customers through a vulnerability...
Fraud Practice
Nov 2, 20212 min read
OFAC List Equivalents in the UK
There are many similarities to doing business online in the United States and the United Kingdom, and while similar rules or regulations...
David Montague
Nov 2, 20212 min read
Two Fraudsters Steal $4M with Online Car Sale Scam
A man and woman organized a scheme posting non-existent vehicles for sale on many marketplace and auction websites scamming U.S. car...
David Montague
Nov 2, 20212 min read
Fraudsters Target New Zealand Auction Site to Recruit Money Mules
Fraud rings have been trying to increase their membership as they have targeted users of the New Zealand auction website Trade Me with a...
David Montague
Nov 2, 20212 min read
Amidst Organized Attacks Against Two Major Banks, Cyber Threat Level Raised to “High”
After distributed denial of service attacks disrupted Bank of America and JPMorgan Chase websites in late September the Financial...
David Montague
Nov 2, 20212 min read
Fraudsters Copy Legitimate Microsoft Email Days Later in Phishing Scam
Phishing scams can often be convincing, and a recent case of a phishing campaign emulating a legitimate Microsoft email about changes to...
David Montague
Nov 2, 20212 min read
Study Shows Phishing Could Evolve to Target Brainwave Activity
Advancements in technology over recent years have made EEG headsets, which read and interpret brain activity into controlling software...
David Montague
Nov 2, 20212 min read
Spammers Scrape Facebook Friends for Targeted Phishing Attacks
Facebook recently announced that they uncovered an incident where fraudsters used compromised email addresses to scrape lists of Facebook...
David Montague
Nov 2, 20212 min read
Financial Institutions Buy Top-Level Domains to Combat Phishing and Pharming
Major financial institutions have invested millions in new top-level domains that will be exclusive to their brand while financial...
David Montague
Nov 2, 20212 min read
SMS is Far From Foolproof
A hacker recently pointed out that a feature specific to Apple’s iOS operating system leaves a major vulnerability with text messaging...
David Montague
Nov 2, 20214 min read
Proactive Techniques for Avoiding Chargebacks
Chargebacks cost merchants beyond the lost sale and merchandise and in many cases it is in a merchant’s best interest to resolve customer...
David Montague
Nov 2, 20212 min read
Repeat Friendly Fraudsters Caught for Commission Scam
Two U.S. brother’s, Andrew and Allen Chiu, we’re blocked from making purchases from Nordstrom.com after excessive chargeback claims and...
David Montague
Nov 1, 20212 min read
General Retail, SEO Research & Fraud Prevention – The Connection
While it may not seem obvious at first, SEO research can provide a valuable resource for determining what products are in demand in the...
David Montague
Nov 1, 20212 min read
PRESS RELEASE: WILL ECONOMIC DOWNTURN LEAD TO INCREASED FRAUD?
Red Bank, March 2, 2009 /Internal Release/ - There have been a number of recent articles outlining how the economic downturn will result...
David Montague
Nov 1, 20212 min read
PRESS RELEASE: Legislation in the Works that Could Affect Future Trends in Fraud
Red Bank, Feb. 19, 2009 /The FraudBlog Newsletter/ - The current economic crisis is affecting all of us, but could it also be creating...
David Montague
Nov 1, 20212 min read
PRESS RELEASE: LAYOFFS? WATCH OUT
Red Bank, Feb. 2, 2009 /The FraudBlog Newsletter/ - While it isn't easy to do layoffs and it is uncomfortable for most managers to...
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