Waterloo Brewing has lost $2.1 million to phishing scheme

KITCHENER – CTV news is reporting that Waterloo Brewing has lost $2.1 million to phishing scheme. The incident happened earlier this month. The brewery then launched an investigation into their bank accounts and computers. Waterloo Brewing doesn’t believe any of its systems were breached and says the personal information of its customers was not compromised. Experts say schemes like these are hard to spot because More »

Alexa and Google Home Abused to Eavesdrop

Privacy threats posed by Amazon Alexa and Google Home are common knowledge. Workers for both companies routinely listen to audio of users—recordings of which can be kept forever—and the sounds the devices capture can be used in criminal trials. Now, there’s a new concern: malicious apps developed by third parties and hosted by Amazon or Google. The threat isn’t just theoretical. Whitehat hackers at Germany’s More »

City of Saskatoon hit by internet fraud that sends $1M to wrong bank account

SASKATOON—The City of Saskatoon says it has lost $1 million in an online scam. City manager Jeff Jorgenson says a fraudster electronically impersonated the chief financial officer of a construction company that has a contract with the city. He says the culprit asked to have a payment sent to a new bank account and the city complied. Jorgenson says the city is reviewing its financial More »

A Florida City Agrees to pay $600K in Ransom to Hackers

Fort Lauderdale Fla. — June 19, 2019 – A Florida city agreed to pay $600,000 in ransom to hackers who took over its computer system, the latest in thousands of attacks worldwide aimed at extorting money from governments and businesses, according to CBS news The Riviera Beach City Council voted unanimously this week to pay the hackers’ demands, believing the Palm Beach suburb had no More »

City of Burlington falls for $503K phishing scam

Halton police are investigating after the city of Burlington fell prey to a phishing scam that ended up costing half a million dollars. City officials say a staff member made a single transaction to a “falsified bank account” after receiving an email requesting to change banking information for someone the city was doing business with. The staffer transferred $503,000 to the phoney account on May More »

Voice Assistants ALWAYS listening

Are your beloved voice assistants listening to your conversation? According to Bloomberg, the answer is yes, and by thousands of people. In its hotly trending article, Bloomberg interviewed seven works dedicated to transcribing keywords in conversations recorded from Amazon Alexa. They’re supposed to help Alexa more accurately respond to these keywords, but as you’d imagine, these conversations can often be extremely personal private. Audio details include More »

FBI Using Phishing to Catch the Fraudster

When the FBI rather than the fraudsters make a fake FedEx website FRAUDSTERS BEWARE! THE FEDS ARE PREPARED TO USE YOUR OWN TRICKS AGAINST YOU. Author: Graham CluleyPUBLISHED NOVEMBER 27, 2018 12:33 PM IN LAW & ORDER, PHISHING  0 With online criminals becoming more adept at covering up their digital tracks it’s not much surprise to hear that law enforcement agencies are using some novel techniques to help them reveal crooks’ true identities.As Joseph More »

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