Feds Crack Down on Money Mules, Warn of BEC Scams

The Justice Department said this week that it is cracking down on money mules, i.e., middlemen who assist in fraud schemes by receiving money from victims and forwarding proceeds to foreign-based perpetrators. So far, feds say they have halted more than 600 domestic money mules – exceeding the 40...

XBox Security Chief Says Account Hacks Linked To Phishing, Resale Schemes

In a pattern that is becoming more common, hackers are hijacking XBox Live accounts, then tricking them out with expansion modules and other add-ons before trying to resell them to unwitting third parties. Recent XBox Live account hijacks are most likely the product of phishing and identity theft...