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Business Email Compromise is more than an email scam. It's a coordinated operation involving compromised accounts, financial research, and cash-out networks. Flare explores how underground forums reveal how BEC attacks are planned and executed. [...]
Kwamaine Jerell Ford allegedly impersonated an adult film star and tricked his high-profile victims into sharing their iCloud credentials and MFA codes under false pretenses. The post Zero lessons learned: Convicted scammer allegedly ran another athlete-focused phishing scam from federal prison appeared first on CyberScoop.
Ken Palla on Lessons From U.K and Australia to Reduce Fraud and ScamsThe U.S. Consumer Financial Protection Bureau's decision to file a lawsuit against Zelle is too late and too narrow to reduce scams, said Ken Palla, retired director with MUFG Bank. CFPB last month sued the operator of Zelle, as well as three banks for failing to protect consumers from fraud.