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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. ” STATE WEB SITE WOES. Meanwhile, a number of U.S.

Insurance 359
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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. As noted in last year’s story Don’t Wanna Pay Ransom Gangs? ”

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RaidForums Gets Raided, Alleged Admin Arrested

Krebs on Security

Department of Justice (DOJ) said today it seized the website and user database for RaidForums , an extremely popular English-language cybercrime forum that sold access to more than 10 billion consumer records stolen in some of the world’s largest data breaches since 2015.

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Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

For example, in 2019 McAfee found that for targets in Japan, the 16Shop kit would also collect Web ID and Card Password, while US victims will be asked for their Social Security Number.

Phishing 231
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Gift Card Gang Extracts Cash From 100k Inboxes Daily

Krebs on Security

Here’s the story of a cybercrime group that compromises up to 100,000 email inboxes per day, and apparently does little else with this access except siphon gift card and customer loyalty program data that can be resold online. Bill said these crooks have figured out a way to tap into those benefits as well.

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How $100M in Jobless Claims Went to Inmates

Krebs on Security

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. When an applicant doesn’t have one or more of the above — or if something about their application triggers potential fraud flags — ID.me

Scams 341