Bank fraud scammers trick victims with claims of bogus Zelle transfers

It pays to be careful where cold calls from someone claiming to work for your bank are concerned. Scam callers are impersonating bank staff, with suggestions of dubious payments made to your account. One unfortunate individual has already lost around $1,000 to this slice of telephone-banking base...

Extortion scheme impersonates government officials, law enforcement

The FBI issued a public warning this week about a fraud scheme wherein scammers impersonate government officials and law enforcement personnel. According to the PSA, the scammers spoof legitimate numbers and names and use fake credentials of well-known members of the government and law enforcemen...

BEC Attacks: Nigeria No Longer the Epicenter as Losses Top $26B

A study of more than 9,000 instances of business email compromise BEC attacks all over the world shows that the number has skyrocketed over the past year, and that the social-engineering scam has expanded well beyond its historic roots in Nigeria. The report from Agari’s Cyber Intelligence Divisi...