Slammed by borders closures in 2020 due to the COVID-19 pandemic as well as by increased scrutiny by authorities, Chinese crime syndicates posing as investors shifted their operations from illicit gambling houses to online cybercrime fraud. The strategy has proven to be phenomenally successful. Four years later, the syndicates continue to take advantage of chaos and...
Fraudsters of all stripes are taking advantage of the coronavirus scare, and some of their scams are a direct threat to banks and their customers. Granted, New York hardware stores charging $79.99 for a bottle of hand sanitizer get the spotlight. But there are also hackers in the shadows sending emails and creating websites designed to trick people into clicking on...
It’s no surprise to see hackers taking advantage of the confusion around the coronavirus pandemic to do their worst, including preying on the estimated 75 million people suddenly working from home. But the numbers are nonetheless hair-raising. Researchers at Barracuda Networks, which provides network security to 220,000 corporate customers, reported Thursday that the...