The FBI calculated the cost of BEC attacks to be $43 billion, with a 65% increase between 2019 and 2021. Banks in Thailand, Hong Kong, China, and Singapore were the primary recipients of illicit funds.
Fake crypto apps have grown to be a significant problem in the United States, with the FBI reporting a flurry of activity since October 2021. The agency has logged at least 244 victims during this period.
The FBI warned that hackers are using search engine ads for phishing and spreading malware to unsuspecting users by impersonating legitimate businesses and services.
The FBI says hackers who scraped credit card data by injecting malicious PHP code on an online checkout page were targeting U.S. businesses since September 2020.
FCC commissioner is calling for app stores to give TikTok the boot over national security concerns based on a leak of internal audio recordings of TikTok meetings showing engineers in China had backdoor access to the data of all of its users.
The FCC launched a proceeding to strengthen data breach notification regulations for telecommunications companies to ensure faster reporting and to harmonize federal rules with states and other sectors.
The rolling back of the broadband privacy rules set in place by the Obama administration only a short time ago should concern everyone with a stake in privacy. The Trump government has bowed to pressure from ISPs to allow them to in effect gather browsing data from customers – and then monetise that data through on selling it to marketing and advertising companies. In this article, we examine just how we have arrived at this point.
Four of the largest U.S. wireless carriers, T-Mobile, AT&T, Verizon and Sprint, face a potential collective fine of $200 million for failing to secure location data sold to third parties.
Federal agencies urged FCC to consider China Telecom a national security threat, pointing to concerns that the company is vulnerable to exploitation, influence, and control by the Chinese government.
The FCC warned about increased robotext scams from automated smishing attacks stealing personal information by impersonating known companies such as credit card companies, parcel delivery services, and law enforcement agencies.
