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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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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

Ken Otsuka is a senior risk consultant at CUNA Mutual Group , an insurance company that provides financial services to credit unions. Otsuka said a phone fraudster typically will say something like, “Before I get into the details, I need to verify that I’m speaking to the right person.

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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

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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

.” Prosecutors say Coelho also personally sold stolen data on the platform, and that Omnipotent directly facilitated illicit transactions by operating a fee-based “ Official Middleman ” service, a kind of escrow or insurance service that denizens of RaidForums were encouraged to use when transacting with other criminals.

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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.

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