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Tags: Email Fraud

How Prevalent Are Spam Emails and How Much Damage Do They Cause?

How Prevalent Are Spam Emails and How Much Damage Do They Cause?

According to research by Symantec, an alarming 85% of all emails are identified as spam or carry malicious content. That means nearly nine out of 10 emails lack legitimacy, posing a significant threat to recipients. The majority of these emails include malicious links or attachments strategically crafted to compromise computer systems with malware, ultimately leading […]

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Feds Kickoff Public Awareness Campaign to Secure Our World

Feds Kickoff Public Awareness Campaign to Secure Our World

The Cybersecurity and Infrastructure Security Agency (CISA) has announced that throughout October it will focus on ways to “Secure Our World” by educating the public on how to stay safe online. Toward that end, CISA will work to drive behavioral change around core cybersecurity habits by providing everyone with the knowledge and tools they need […]

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FBI Releases 2019 Internet Crime Report

FBI Releases 2019 Internet Crime Report

The FBI’s Internet Crime Complaint Center (IC3) has released its year-end 2019 Internet Crime Report, which includes information from 467,361 complaints of suspected Internet crime, with reported losses in excess of $3.5 billion. Among the most common crime types reported by victims in 2019 were Business Email Compromise (BEC), Tech Support Fraud, and extortion via […]

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Email Phishing Scheme Bilked Businesses Out of $100 Million

Email Phishing Scheme Bilked Businesses Out of $100 Million

A Lithuanian man awaits sentencing in a Manhattan federal court after pleading guilty to a complex email scheme that resulted in the theft of over $100 million from Google and Facebook. According to the allegations contained in the federal indictment, from 2013 through 2015, Evaldas Rimasauskas orchestrated a fraudulent scheme designed to deceive Google and […]

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