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...]
Thousands of Domain Names Owned by Legitimate Brands Hijacked to Send Spam
TEL AVIV - As part of a sophisticated scheme involving spam proliferation and click monetization, over 8,000 domains and 13,000 sub-domains once owned by major, legitimate brands and institutions have been hijacked to allow millions of spam emails to bypass standard security blocks for nefarious gain. This coordinated malicious activity – dubbed “SubdoMailing” – has been going on since at least September 2022, according to Guardio Labs, the Israeli security … [Read more...]
It’s National Cybersecurity Awareness Month; Stay Safe With Simple Online Tips
PALM BEACH, FL –The Attorney General of the State of Florida, Ashley Moody has issued a Consumer Alert in recognition of National Cyber-security Awareness Month. The video details some simple steps consumers can take to help avoid becoming a victim of various security threats and online scams such as those which target Internet users with tech support, malware, phishing and ransomware. Today more than ever, our daily lives are dependent on the internet. While advances … [Read more...]
Iowa Man, 43, Faces Life in Prison for Armed Robbery of Domain Name, Kidnapping
IOWA - According to British technology news website “The Register” a 43 year-old man broke into a house in Cedar Rapids, Iowa, last month armed with a gun and a fearless intent to hijack a “valuable” Internet domain name. The incident took place in the middle of the afternoon (about 1PM) on June 21st, 2017. Domain name theft has been something all too common in the digital world, but until now, has been, for the most part, a crime carried out over the Internet, in forums, … [Read more...]