Category Archives: Crime

Analysis: ‘Why Credit Card Fraud Is Rising’ (Video)

In 2019, payment card fraud losses reached nearly $28 billion worldwide. The United States alone is responsible for more than a third of the total global loss making America the most card fraud-prone country in the world. The economic cost of credit card fraud goes far beyond the cost of illegally purchased merchandise; businesses often spend millions to protect themselves from fraud, buying software and hiring security experts to monitor transactions. Experts say there aren’t enough regulations to help protect the U.S. economy, especially small businesses from card fraud.

Analyis: The ‘SolarWinds Hack’ & Future Of Cyber Espionage (CNBC Video)

In December of 2020 the cybersecurity company FireEye discovered a massive hack that affected over 18,000 customers of SolarWinds. As hundreds of companies and government agencies scrambled to unravel the extent of the intrusion, the U.S. government vowed to respond to the hack.

Anaylysis: ‘How A Pro-Trump Mob Overran The Capitol Police’ (WSJ Video)

The Wall Street Journal analyzed hours of video and audio from the Capitol riot to better understand how a mob of thousands overran police and attacked the U.S. Capitol. Photo illustration: Laura Kammermann

Crime: Delivery Scams Imitating Amazon, UPS, FedEX & DHL On The Rise

As online shopping sees its biggest holiday season ever, hackers are sending fake delivery notices impersonating Amazon, UPS and FedEx, with scams up 72% from last year and 440% from October to November. Clicking a fake shipping notification link can launch ransomware or launch a counterfeit branded site to trick users into entering credit card and personal information to “reroute” a package that never existed.

History Podcasts: 100 Years Ago Charles Ponzi And His “Scheme” Were Arrested (Podcast)

Nearly 100 years ago, Charles Ponzi stumbled across a loophole in the international postal system and turned it into one of the most infamous scams of all time. This time on Sidedoor, we follow Ponzi from his early days until his epic downfall, and hear from a postal investigator trained to catch swindlers like Ponzi who continue to use the U.S. mail for nefarious purposes.

Smithsonian Podcasts

Website

Crime: “Social Security Administration Scams” Are #1 Fraud Reported To FTC

From an FTC online release:

FTC LogoThe Social Security Administration (SSA) scam is the number one scam reported to the FTC right now.

As soon as a caller threatens you, or demands you pay them with a gift card or by wiring money.  It’s a scam. Even if the caller ID tells you otherwise.

If you get a call from someone claiming to be from the Social Security Administration, hang up the phone and remember:

  • Your Social Security number is not about to be suspended.
  • The real Social Security Administration will never call to threaten your benefits.
  • The real SSA will never tell you to wire money, send cash, or put money on a gift card.

 

To read more: https://www.consumer.ftc.gov/blog/2019/12/getting-bombarded-scam-calls-youre-not-alone?utm_source=govdelivery

Crime And The Elderly: “The $340,000 Robocall Scam” (WSJ Podcast)

It started with a phone call. In a week, a scammer would take Nina Belis’s life savings. WSJ’s Sarah Krouse explains why robocalls persist: Because sometimes they work.

Website: https://www.wsj.com/podcasts/the-journal