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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.

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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.

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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

The first centers on targeting healthcare organizations that offer consultations over the Internet and sending them booby-trapped medical records for the “patient.” ” The other involves carefully editing email inboxes of public company executives to make it appear that some were involved in insider trading. ”

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‘Tis the Season for the Wayward Package Phish

Krebs on Security

com — from a desktop web browser redirects the visitor to a harmless page with ads for car insurance quotes. .” Attempting to visit the domain in the phishing link — o001cfedeex[.]com com — stopped resolving. But I doubt we’ve seen the last of these phishers.

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Gift Card Gang Extracts Cash From 100k Inboxes Daily

Krebs on Security

The data in this story come from a trusted source in the security industry who has visibility into a network of hacked machines that fraudsters in just about every corner of the Internet are using to anonymize their malicious Web traffic. Bill said these crooks have figured out a way to tap into those benefits as well.

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Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

. “Depending on location, 16Shop will also collect ID numbers (including Civil ID, National ID, and Citizen ID), passport numbers, social insurance numbers, sort codes, and credit limits,” McAfee wrote.

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