Tag: fraud

Here you will find all the articles with the tag: fraud.

Microsoft stops hackers trading fraudulent Outlook accounts

Microsoft stops hackers trading fraudulent Outlook accounts

Microsoft recently seized a number of malicious websites and infrastructure used to trade fraudulent Outlook accounts. The Vietnamese cybercriminals of Storm-1152 were selling the accounts. The Vietnamese cybercriminals of Storm-1152 had registered about 750 fraudulent Outlook accounts. By resel... Read more

date2 months ago
SEC accuses SolarWinds of fraud by concealing poor security

SEC accuses SolarWinds of fraud by concealing poor security

The US financial regulator, SEC, has charged software specialist SolarWinds and its CISO with fraud against shareholders. This is for concealing the company's poor cybersecurity leading up to the SUNBURST supply-chain attack in December 2020. The SEC recently charged SolarWinds and its CISO Tim... Read more

date4 months ago
Typosquatting campaign impersonates 27 brands

Typosquatting campaign impersonates 27 brands

27 brands from different sectors are being impersonated in a typosquatting campaign to trick unsuspecting users and install malware in their systems. Typosquatting is as old as the internet. The technique involves a malicious actor creating a fake website with a domain name similar to a legitima... Read more

date1 year ago
VMware pays multi-million euro fine for misleading investors

VMware pays multi-million euro fine for misleading investors

VMware struck a deal with market regulator SEC to end a dispute over its financial figures. The SEC accused VMware of 'creatively' accounting for sold licenses. The deal involves VMware paying a fine of €7.9 million ($8 million) to the US market regulator. In return, the SEC waives further ac... Read more

date1 year ago
Former Qualcomm VP indicted for multi-million dollar fraud scheme

Former Qualcomm VP indicted for multi-million dollar fraud scheme

Karim Arabi, the former vice president of research and development at Qualcomm, faces fraud charges for the sale of his startup to Qualcomm. Arabi allegedly developed and monetized Qualcomm's intellectual property while employed by the chip giant. His startup was sold in 2015 for €145 million ($1... Read more

date2 years ago
Group-IB tracks down massive investment fraud network

Group-IB tracks down massive investment fraud network

Security company Group-IB discovered a massive network of investment fraudsters. The fraudsters used more than 10,000 web domains to dupe victims and pretend to be investors. Victims deposit money through a web application, receive updates on 'earnings' and never see a return. Method The ... Read more

date2 years ago
Avaya employee sells stolen licenses worth €87 million

Avaya employee sells stolen licenses worth €87 million

The former employee used an administrator account to generate and sell software licences. According to the indictment, €87 million's worth was stolen. The former employee and two partners are on trial in Oklahoma. The FBI conducted the investigation. The judge has yet to decide, but the eviden... Read more

date2 years ago
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