Category Archives: scam

BEC Scams Cost Victims $26B over a Three-Year Period, Finds FBI

The Federal Bureau of Investigation (FBI) found that business email compromise (BEC) scams cost victims a combined total of $26 billion in losses over a three-year period. On 10 September, the FBI’s Internet Crime Complaint Center (IC3) published a public service announcement in which it revealed that BEC scams had caused $26,201,775,589 in global losses. […]… Read More

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Unalaska Recovers $2.3 Million Following Phishing Attack

The Alaskan city of Unalaska has recovered approximately $2.3 million after digital fraudsters targeted it with a phishing attack. Erin Reinders, city manager of Unalaska, revealed that the municipality had recovered $2,347,544.43 on 22 August. That amount constituted a large part of the $2,985,406.10 total which the City had sent to scammers. Per Reinders’ comments, […]… Read More

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