Engineer Found Guilty for Stealing Navy Secrets via Dropbox Account

A jury trial found a former engineer at a Navy contractor guilty of stealing trade secrets regarding Navy projects by uploading the files to his personal Dropbox account. The man, Jared Dylan Sparks, 35, of Ardmore, Oklahoma, worked as an electrical engineer for LBI, Inc., a company authorized to build unmanned underwater vehicles (drones) for… Read More

Hackers Crashed a Bank’s Computers While Attempting a SWIFT Hack

Hackers have used a disk-wiping malware to sabotage hundreds of computers at a bank in Chile to distract staff while they were attempting to steal money via the bank’s SWIFT money transferring system. The attempted hack took place on May 24, this year. On that day, the Banco de Chile, the country’s biggest bank, reported… Read More

3 Charged In Fatal Kansas ‘Swatting’ Attack

Federal prosecutors have charged three men with carrying out a deadly hoax known as “swatting,” in which perpetrators call or message a target’s local 911 operators claiming a fake hostage situation or a bomb threat in progress at the target’s address — with the expectation that local police may respond to the scene with deadly… Read More

Losses from BEC scams rising fast and furious

A new report by the FBI’s Internet Crime Complaint Center has shown that complaints about scams and fraud are rising now at a record high and have resulted in reported losses of up to $1.42 billion In a typical BEC scam, a criminal dupes a company’s finance department into carrying out an unauthorized transfer of… Read More

T-Mobile Employee Made Unauthorized ‘SIM Swap’ to Steal Instagram Account

T-Mobile is investigating a retail store employee who allegedly made unauthorized changes to a subscriber’s account in an elaborate scheme to steal the customer’s three-letter Instagram username. The modifications, which could have let the rogue employee empty bank accounts associated with the targeted T-Mobile subscriber, were made even though the victim customer already had taken… Read More

She didn’t see it coming: psychic arrested for $800,000 fraud

Psychic Zoe has not had a very good week. On 9 May the fortune-teller, whose real name is Ann Thompson, was arrested by the New York Police Department on suspicion of defrauding clients out of over $800,000. You’d think she might have had a premonition the police would be knocking at her door but, alas,… Read More

Man Allegedly Used Change of Address Form to Move UPS Headquarters

Man Allegedly Used Change Of Address Form To Move UPS Headquarters To His Apartment : The Two-Way Prosecutors say he received thousands of pieces of mail intended for the company, including checks and corporate credit cards. He is now facing federal charges. Dushaun Henderson-Spruce submitted a U.S. Postal Service change of address form on Oct.… Read More

Man who hit cops with laser, then crashed as he fled, ordered to prison

Fresno, California, man has been sentenced by a federal judge to 18 months in prison after having pleaded guilty to firing a laser at a police helicopter. On Monday, Michael Alvarez became the latest person to be convicted in a string of prosecutions brought by Karen Escobar, an assistant United States attorney who is believed… Read More

UK police say 92-percent false positive facial recognition is no big deal

New data about the South Wales Police’s use of the technology obtained by Wired UK and The Guardian through a public records request shows that of the 2,470 alerts from the facial recognition system, 2,297 were false positives. In other words, nine out of 10 times, the system erroneously flagged someone as being suspicious or… Read More