Remove Accountability Remove Insurance Remove Internet
article thumbnail

U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

Krebs on Security

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.

Insurance 363
article thumbnail

Riding the State Unemployment Fraud ‘Wave’

Krebs on Security

Secret Service warned of “massive fraud” against state unemployment insurance programs , noting that false filings from a well-organized Nigerian crime ring could end up costing the states and federal government hundreds of millions of dollars in losses. Meanwhile, a number of U.S. Last week, the U.S. ” Image: Agari.

Insurance 355
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NY Charges First American Financial for Massive Data Leak

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance 348
article thumbnail

Is Your Computer Part of ‘The Largest Botnet Ever?’

Krebs on Security

.” The arrest coincided with the seizure of the 911 S5 website and supporting infrastructure, which the government says turned computers running various “free VPN” products into Internet traffic relays that facilitated billions of dollars in online fraud and cybercrime. Cloud Router was previously called 911 S5.

VPN 348
article thumbnail

An Interview With the Target & Home Depot Hacker

Krebs on Security

for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. By way of example, he suggested maybe a company centered around recovering lost passwords for cryptocurrency accounts, or perhaps a series of online retail stores that sold cheap Chinese goods at a steep markup in the United States.

Retail 258
article thumbnail

E-Verify’s “SSN Lock” is Nothing of the Sort

Krebs on Security

One of the most-read advice columns on this site is a 2018 piece called “ Plant Your Flag, Mark Your Territory ,” which tried to impress upon readers the importance of creating accounts at websites like those at the Social Security Administration , the IRS and others before crooks do it for you.

article thumbnail

RSAC Fireside Chat: Start-up Anetac rolls out a solution to rising ‘service accounts’ exposures

The Last Watchdog

Related: How weak service accounts factored into SolarWinds hack By comparison, almost nothing has been done to strengthen service accounts – the user IDs and passwords set up to authenticate all the backend, machine-to-machine connections of our digital world. Acohido Pulitzer Prize-winning business journalist Byron V.