AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
Ticketmaster Faces Massive Data Breach, Affecting Millions of Users
WEST HOLLYWOOD, CA - Ticketmaster, the ticketing giant, is reeling from a major data breach that may have exposed the personal information of over half a billion users. The notorious hacking group ShinyHunters is claiming responsibility for the attack and is demanding a ransom of $500,000 to prevent the data from being sold. While Ticketmaster has yet to confirm the breach officially, security experts are taking the claims seriously. According to reports, the stolen data … [Read more...]