Working from a hotel? Beware the dangers of public Wi‑Fi

As more and more hotels are turning rooms into offices, the FBI is warning remote workers of cyber-threats lurking in the shadows. With the COVID-19 pandemic forcing an increasing number of companies to shift to remote work, employees working from home have been struggling to find a quiet, distraction-free environment for work. The hospitality industry has … More Working from a hotel? Beware the dangers of public Wi‑Fi

5 ways cybercriminals can try to extort you

What are some common strategies cybercriminals employ in extortion schemes and how can you mitigate the chances of falling victim to a cyber-shakedown? When it comes to coercing people into parting with their money, cybercriminals seem to have an endless bag of tricks to choose from. There are some tricks, that they favor more than others, … More 5 ways cybercriminals can try to extort you

FBI warns of scam apps amid move to mobile banking

Banking app users are among the top targets for cybercriminals looking to take advantage of the pandemic-induced lockdowns. As the use of mobile banking apps surges during COVID-19 lockdowns, so does the risk that these platforms will be exploited by cybercriminals, warns the FBI’s Internet Crime Complaint Center (IC3). Citing estimates by US financial technology providers, the Bureau’s online … More FBI warns of scam apps amid move to mobile banking

FBI: Cybercrime losses tripled over the last 5 years

On the upside, the Bureau recovered more than US$300 million in funds lost to online scams last year. In 2019, the United States’ Federal Bureau of Investigation (FBI) received more than 467,000 cybercrime complaints that caused an estimated US$3.5 billion in losses, according to the Bureau’s annual 2019 Internet Crime Report (IC3). Last year saw both the … More FBI: Cybercrime losses tripled over the last 5 years