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Nigerian Gets 10-Year Sentence for BEC Scam


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A Nigerian national has been sentenced to 10 years in prison after pleading guilty to taking part in a business email compromise operation that extorted $11 million from its victims, according to the U.S. Department of Justice.
Obinwanne Okeke, 33, was an entrepreneur who ran a group of companies called Invictus Group. From 2015 to 2019, he and his co-conspirators obtained the credentials of hundreds of victims, prosecutors say.
One of the victims was Unatrac Holding Ltd., the U.K. affiliate of U.S. heavy equipment manufacturer Caterpillar, which was defrauded of almost $11 million, accounting for the bulk of the scheme s proceeds. ....

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Tax (fraud) season is here. Rogue insiders, data breaches, and a comment on biometrics.


Tax (fraud) season is here. Rogue insiders, data breaches, and a comment on biometrics.
Summary
Yandex investigates insider s theft and sale of user data.
Data breach reported at Syracuse University.
Brazilian authorities investigate apparent telco data breach.
Data breach at Canadian car rental company.
Notes on US Customs and Border Protection s facial recognition trials.
Nothing is certain except death, taxes, and data theft.
As April approaches, Americans find themselves drowning in the annual slog of tax season. Further complicating matters, the US Internal Revenue Service has issued a warning that identity thieves are taking advantage of the rush to file tax returns by attempting to steal tax preparers’ Electronic Filing Identification Numbers (EFINs), reports Bleeping Computer. A phishing campaign using emails with the subject line Verifying your EFIN before e-filing is attempting to convince tax officials to email cybercriminals document ....

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The Pesky Password Problem: Policies That Help You Gain the Upper Hand on the Bad Guys


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What really makes a strong password? And why are your end-users tortured with them in the first place? How do hackers crack your passwords with ease? And what can/should you do about your authentication methods?
For decades, end-users have borne the brunt of the password tyranny, a result of the IT industries inability to engineer secure systems. Password complexity, length, and rotation requirements are the bane of your end-user experience and literally the cause of thousands of data breaches. But it doesn t have to be that way!
Join Roger Grimes, KnowBe4 s Data-Driven Defense Evangelist, to find out what your password policy should be and learn about the common mistakes organizations make when creating password policy. ....

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