A New Hampshire-based IT consultancy lost nearly $100,000 this month after thieves broke into the company’s bank accounts with the help of 10 co-conspirators across the United States. On Feb. 10, Hudson, N.H. based Cynxsure LLC received a voicemail message… Read More »
As a journalist who for almost ten years has sought to explain complex computer security topics to a broad audience, it’s sometimes difficult to be picky when major news publications over-hype an important security story or screw up tiny details:… Read More »
An insurance firm in Michigan lost nearly $150,000 this month as a result of a single computer virus infection.
A metals supply company in Michigan is suing its bank for poor security practices after a successful phishing attack against an employee allowed thieves to steal more than $560,000 last year.
Criminals are spamming the Zeus banking Trojan in a convincing e-mail that spoofs the National Security Agency. Initial reports indicate that a large number of government and military systems may have been compromised by the attack.
Hackers broke into computer systems at a Masschusetts chapter of the United Way last week and attempted to make off with more than $150,000 of the charity’s money.
When a computer virus infection at a business allows thieves to steal tens of thousands of dollars from the company’s commercial banking account, banks typically don’t reimburse the victim company. But the truth is, most banks make that decision on… Read More »
A machine equipment company in Texas is tussling with its bank after organized crooks swiped more than $800,000 in a 48-hour cyber heist late last year. While many companies similarly victimized over the past year have sued their banks for… Read More »
Jan. 7, 2010 was a typical sunny Thursday morning at the Delray Beach Public Library in coastal Florida, aside from one, ominous dark cloud on the horizon: It was the first time in as long as anyone could remember that… Read More »
Money mules are quite literally the workhorses of the online fraud world. The term “money mule” is borrowed from the nomenclature used to describe the human pack horses of the drug cartels — so-called “drug mules” — people who physically… Read More »
