Tag Archives: Phishing

Phishing Scam Costs Facebook And Google $100 Million

Lithuanian Man Pleads Guilty to Scamming $100 Million From Facebook & Google Evaldas Rimasauskas pleaded guilty to scamming Facebook & Google out of $100 million. How did he do it? Rimasauskas emailed them and asked for it. The scheme took … Continue reading

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FINRA Issues Warning of Phishing Scheme Targeting Compliance Personnel

FINRA has alerted its Member Firms to be on the watch for a fraudulent phishing email scheme targeted at compliance personnel. A phishing scheme typically uses email or some other type of electronic message to trick the recipient into clicking … Continue reading

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Sacred Heart (MI) AIDS/substance abuse provider suffers phishing hit

A Michigan HIV/AIDS and substance abuse provider has suffered a data breach after a phishing attack.  I suspect this is more of an ID theft issue, but bad news anyway.  Interestingly, (i) no word on how many were affected, and … Continue reading

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FINRA’s 2018 Report on Cybersecurity Practices – Preventing “Spear Phishing” and “Whaling” Attacks

This article was originally posted on our sister publication, Password Protected. On December 20, 2018, the Financial Industry Regulatory Authority (FINRA) released a report on cybersecurity practices for broker-dealers. Today’s post is the second in a series of summaries sharing … Continue reading

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Sixth Circuit finds insurance coverage for phishing losses

By Donna Ruscitti “The risk of loss due to some form of cyberattack should prompt employers to consider insuring against those losses. But, not all cyberinsurance policies are created equal.” Our colleague, Brian Hall, writes in the most recent Employer … Continue reading

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