The FBI reports it has seen a rise of malware over the past few months targeting small and medium businesses and municipal government entities and school districts. Once a malicious attachment or link is opened, keylogging tactics obtain bank account info where criminals then initiate wire transfers or Automated Clearinghouse Transfers (ACH). The report also cites that in some cases individuals have been recruited to unknowingly help criminals with “work at home” jobs that tell them they will be working on sending these fraudulent funds transfers by Western Union or Moneygram. FBI has links to US CERT for help. Read the statement. [FBI]
U.S. businesses are losing millions in fraudulent wire transfers that have their root in email compromises of accounts belonging to top executives.
Online scammers constantly are looking for new ways to reach into the pockets of potential
FBI director James Comey and Deputy Attorney General Sally Yates testified before a Senate committee on how encryption is hampering law enforcement and national security efforts.