Monthly Security News
FBI Warns of Dramatic Increase in Business E-Mail Compromise ScamsThe FBI Boston Division is warning of a dramatic rise in business e-mail compromise scams or BECs, which target businesses of all sizes and types and have resulted in massive financial losses in Boston and other cities.
Globally, since October 2013, more than $3.1 billion in actual and attempted losses have been reported. Here in the Boston Division, approximately 370 victims from Massachusetts, Maine, New Hampshire and Rhode Island have reported losses totaling approximately $33 million. Those losses range from $500 to $5.9 million, with the average loss per scam being $90,000. The Division has successfully facilitated the return of approximately $13 million, with millions more frozen and in the process of being returned. Continue reading.....
FDIC Consumer News - Winter 2017
Also inside is the "EDIE" Electronic Deposit Insurance Estimator, to Determine Your Coverage.
Quarterly FDIC articles especially aimed at educating consumers on answers to several common financial questions.
Click the image above to learn more about how you can identify and help prevent RansomWare.
Avoiding Money Wiring Scams
The Federal Trade Commission has released a video to educate consumers about the dangers of money wire scams. In the brief video, various scenarios are presented to illustrate how scammers try to convince consumers to wire money, including: lottery/advance fee scams, rental scams and the grandparent scam. The FTC encourages consumers to investigate claims before sending anyone money. Click to view the video .
American Banking Association released an i nfographic containing tips to avoid becoming an accomplice in the latest "Card Cracking" scam.
You should avoid online solicitations for easy money, and never share your account number(s) or ATM/Debit Card PIN; and report any suspicious social media posts you think could be connected to scams.
Every other month the SANS Institute's SecurityTheHuman.Org will connect you to the latest online security threats and teach you how you can protect yourself.
Security Awareness Newsletter for Computer Users