Just In
- 1 hr ago Apple Confirms Special Event for May 7: iPad Air, iPad Pro 2024 Models Expected
- 10 hrs ago Xiaomi Robot Vacuum Cleaner S10, Handheld Garment Steamer, and Redmi Buds 5A Launched in India
- 10 hrs ago Lenovo Unveils IdeaPad Pro 5i Laptop With Intel Core Ultra 9 Processor – Check Price, Specs
- 10 hrs ago Lava ProWatch Zn, ProWatch Vn Smartwatches Launched in India: Check Price, Specs, Availability
Don't Miss
- Sports Today's IPL 2024 Match Prediction, DC vs GT: Who Will Win Delhi Capitals vs Gujarat Titans Match 40?
- Finance 6,693% Returns: Below Rs 75, Pharma Penny Stock Ex-Dividend For Rs 40/Sh Payout After 9 Years; Do You Own?
- News Senator Lambie Calls For Elon Musk's Imprisonment Over Wakeley Church Stabbing Posts
- Movies Mirzapur 3 OTT Release Date, Platform: When Will Mirzapur Season 3 Premiere On Amazon Prime Video?
- Education Telangana Inter Manabadi 1st and 2nd Year Results 2024 to be Declared Tomorrow
- Automobiles Chrysler Pacifica Marks Seven Years As Most Awarded Minivan With New Campaign
- Lifestyle Anant Ambani-Radhika Merchant's Wedding Function Details Are Out, Check out Ambani Bahu-To-Be's Chic Fashion!
- Travel Kurnool's Hidden Gems: A Guide To Exploring India's Lesser-Known Treasures
Email Scam Nets USD 214 mn in 14 months: FBI
An email scam which targets businesses with bogus invoices has netted more than USD 214 million from victims in 45 countries in just over one year, an FBI task force said Thursday. The Internet Crime Complaint Center, a joint effort of the FBI and the nonprofit National White Collar Crime Center, said the losses were calculated from October 1, 2013 to December 1, 2014.
In the scheme, fake invoices are delivered to businesses which deal with overseas suppliers, asking for payment by wire transfer. "The fraudulent wire transfer payments sent to foreign banks may be transferred several times but are quickly dispersed," the task force said in a statement.
"Asian banks, located in China and Hong Kong, are the most commonly reported ending destination for these fraudulent transfers." The scam has claimed 1,198 US victims and 928 in other countries, according to the statement.
Recommended: Top 15 Smartphones that got a Price Cut in India [January 2015]
US firms have lost more than USD 179 million of the total. The FBI "believes the number of victims and the total dollar loss will continue to increase," the statement said. In one version of the scheme, a business which works with overseas supplier is contacted by phone, fax or email asking for payment.
The emails are "spoofed" to look as if they came from the legitimate supplier. Phone and fax requests also appear genuine. In another version, email accounts of high-level executives are compromised to allow the criminals to request a wire transfer, often including instructions to "urgently send" funds.
A third version of the scheme involves the hacking of an employee's email account, which then sends out bogus invoices to vendors or suppliers. The FBI task force said vulnerable businesses should avoid using free Web-based emails for official accounts and to exercise caution about posting company information on websites and social media.
Recommended: Top 10 High End Android Smartphones with Best Dual SIM Support In India
The group also suggests additional security steps such as two-step verification or digital signatures. "Always verify via other channels that you are still communicating with your legitimate business partner," the statement said.
Source: IANS
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
14,999
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999