Investment scams that involve grooming a target to invest in fraudulent endeavors took off like a rocket in 2022 and led all cyber crime, racking up $3.3 billion in losses on the year.
Fake Emails Sent From FBI Server Linked to “Ethical Hacker”; Security Researcher Accuses Him of Secret Double Life as a “Black Hat” Criminal
A blast of thousands of fake emails from the FBI named security professional Vinny Troia as a criminal. Troia believes the perpetrator is affiliated with several different criminal groups and also running a “white hat” security firm in Canada.
FBI Warns That Ransomware Gangs Target Companies During Mergers and Acquisitions, Threatening To Disclose Non-Public Information
Ransomware gangs search for non-public financial information that could affect stock prices during mergers and acquisitions and threaten to publish it to coerce the victim to pay.
FBI Withheld Kaseya Ransomware Decryption Key for Three Weeks; Congress Demands the Agency Explain Itself
It has been discovered that the FBI quietly held on to the Kaseya decryption key for three weeks prior to making it available to the public in a bid to "disrupt" the attack.
There has been considerable debate about banning ransomware payments as a means of curbing the explosive growth of the crime Assistant director of the FBI's cyber division weighed in, suggesting that it would create a new avenue of extortion.
FBI Issues Alert Over Increased Conti Ransomware Attacks Targeting the Healthcare System and First Responder Networks
FBI warned of increased Conti ransomware attacks against the healthcare system and first responder networks At least 16 organizations were targeted.
FBI Received Record Number of Reports on Online Scams and Investment Fraud Costing Americans Billions
The FBI says Americans lost billions from the record number one million complaints of online scams and investment fraud schemes reported during the pandemic.
FBI Annual Internet Crime Report: Record Number of Cyber Crime Complaints in 2020, Business Email Compromise Hits Hardest Despite Rise in Ransomware and Phishing
The FBI and IC3’s recently released 2020 Internet Crime Report reveals that complaints of cyber crime nearly doubled from 2019, hitting an all-time record total of 791,790.
Failure to Limit Scope of PATRIOT Act Leaves Browsing History, Search Queries of American Citizens up for Grabs
Proposed amendment to Section 215 of the PATRIOT Act to limit FBI's access to search and web browsing history has failed to pass by one vote.
The FBI Is Stepping up Its Public Cyber Security Alerts as Criminals Take Advantage of Pandemic Conditions
FBI is issuing more cyber security alerts than usual, covering human trafficking, COVID-19 scams, vulnerabilities in networking platforms and cloud-based business email compromise campaigns.