A little bit of social engineering can go a long way. With cars becoming more connected than ever, cybersecurity is a hot-button topic that extends past your computer screen and into your car. Using a bit of technology, an alleged car thief was able to get his hands on a Model 3 at the Mall of America and drive away without needing a key.
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 funds. Importantly, the target must be fooled into believing that the request has come from an executive within the company or from an outside firm that does business with it, so the scam involves a measure of social engineering, email spoofing, or computer intrusion.
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, the future isn’t always crystal clear.