INTERNET OF THINGS POSES
White-Collar Crime

INTERNET OF THINGS: OPPORTUNITIES FOR CYBER CRIME

August 16, 2016 FraudsWatch 0

The Internet of Things (IoT) refers to any object or device which connects to the Internet to automatically send and/or receive data. As more businesses and homeowners use web-connected devices to enhance company efficiency or lifestyle conveniences, their connection to the Internet also increases the target space for [Read More…]

BUSINESS E-MAIL COMPROMISE
Fraud

Business E-Mail Compromise and Fraud Statistics From FBI’s Internet Crime Complaint Center (IC3)

August 6, 2016 FraudsWatch 0

BUSINESS E-MAIL COMPROMISE: THE 3.1 BILLION DOLLAR SCAM This Public Service Announcement (PSA) is an update to the Business E-mail Compromise (BEC) information provided in Public Service Announcements (PSA) 1-012215-PSA and 1-082715a-PSA. This PSA includes new Internet Crime Complaint Center (IC3) complaint information and updated statistical data. DEFINITION [Read More…]

International Cell Phone Fraud Scheme
Fraud News From World

Cyber Crime: Ramon Batista, Edwin Fana and Jose Santana Charged For Cell Phone Fraud Scheme

July 25, 2016 FraudsWatch 0

Defendants Charged with Participating in Sophisticated International Cell Phone Fraud Scheme Criminal charges were unsealed against multiple defendants relating to their participation in a sophisticated global cell phone fraud scheme, involving the takeover or compromise of cell phone customers’ accounts and the “cloning” of their phones to make [Read More…]

Cyber Crime
Fraud

Cyber Crime – A Threat to Every Internet User

June 10, 2016 FraudsWatch 0

According to the Federal trade Commission (FTC), there are around 10 million reported cases of identity theft each year in the United States. A recent report by Eugene Kaspersky, founder and head analyst of Kaspersky Labs (a leading internet security company), indicates that the level of criminal activity [Read More…]

Fraud News From World

Cyber Crime: Any of the Internet Are Opportunities

October 5, 2015 FraudsWatch 0

The Internet of Things (IoT) refers to any object or device which connects to the Internet to automatically send and/or receive data. As more businesses and homeowners use web-connected devices to enhance company efficiency or lifestyle conveniences, their connection to the Internet also increases the target space for [Read More…]