9th Circuit Clarifies Meaning of Direct Causation in Ruling on Claim for Phishing Scam January 27, 2022 By Jim Sams A decision by a panel of the 9th Circuit Court of Appeals on Wednesday will make it more difficult for...
U.S. Agency Sleuths Look Beyond Indictments in Cybercrime Fight January 20, 2022 By Eric Tucker The FBI and other federal agencies are increasingly looking to counter cyber threats through tools other than criminal indictments, the...
Justice Department Stepping Up Efforts to Combat Cybercrime November 5, 2021 By Eric Tucker WASHINGTON (AP) — The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions,...
Global Hackers Are Thwarted by FBI, Europe in $100 Million Heist May 21, 2019 By Natalia Drozdiak U.S. and European law enforcement officials on Thursday said they had dismantled a global organized cybercrime network, which used malware...
RIMS Speakers Offer Guidance on Preparing for Disaster April 30, 2019 By Jim Sams BOSTON — Preparing for the unthinkable requires a lot thought. Risk management professionals on Monday cautioned audiences of the myriad...
FBI Reports Cybercrime Losses Nearly Doubled in 2018 April 25, 2019 By Jim Sams The amount of reported losses from cyber crime nearly doubled in 2018 to $2.7 billion, with almost half of that...
Ransom Demands Increasing as More Virulent Viruses Emerge April 16, 2019 By Jim Sams The average ransom paid to cyber criminals nearly doubled to $12,762 per incident in the first quarter of 2019, compared...
Survey Finds Carriers Turning to Analytics to Fight Growth in Fraud March 28, 2019 Insurers believe that fraud in on the rise, and they are increasingly turning to advanced analytics to fight it, according...
NAS Says Ransomware Demands Growing Along with Cyber Claim Costs March 26, 2019 Cybercrime claims by policyholders outside the health care sector nearly doubled in 2018, led by financial fraud, often phishing schemes...
‘Jackpotting’ Reaches U.S. Shores, Drains Millions From ATMs February 8, 2018 ATM machines across the country are being targeted by a wave of criminals in search of an illegal high-tech payday....