Crime

McAfee: Hackers Targeting Digitally Connected Consumers This Tax Season

Wednesday, March 3, 2021 - 5:01am

Consumers have faced a lot of change over the past year with the shift to a digital-first lifestyle, and tax season is no exception.

Key Points: 
  • Consumers have faced a lot of change over the past year with the shift to a digital-first lifestyle, and tax season is no exception.
  • Hackers target tax payers every year, but the increase in online filings due to COVID-19 in 2020 presented an even greater opportunity, as scams related to coronavirus tax relief such as Economic Impact Payments, have now earned a spot on the IRS Dirty Dozen tax scam list.
  • Consumers can do their part this tax season to protect their personal information and keep their finances secure:
    Beware of phishing attempts.
  • Phishing is a common tactic hackers leverage during tax season, so double-check legitimacy of any unfamiliar or remotely suspicious emails.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) Investors with Losses to Contact Its Attorneys, Fund Halts Redemptions and Suspends Chief Investment Officer

Wednesday, March 3, 2021 - 12:12am

SAN FRANCISCO, March 02, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) (the Fund) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 02, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Infinity Q Diversified Alpha Fund (IQDAX; IQDNX) (the Fund) investors with significant losses to submit your losses now .
  • A securities fraud class action has been filed after advisor Infinity Q Capital Management announced it is shutting down the Fund.
  • The truth emerged on Feb. 22, 2021, when the advisor and Fund filed an application with the SEC seeking permission to suspend Fund share redemptions.
  • Were focused on investors losses and proving defendants intentionally inflated the funds NAV, said Reed Kathrein, the Hagens Berman partner leading the investigation.

Survey of enterprise cybersecurity executives indicates a widening gap between cybersecurity capabilities and needs - making the case for a new way of thinking

Tuesday, March 2, 2021 - 5:15pm

77% of organizations have at least one dedicated threat intelligence analyst, and 54% have more than five.

Key Points: 
  • 77% of organizations have at least one dedicated threat intelligence analyst, and 54% have more than five.
  • "The deep and dark web is the world's third largest economy after the US and China.
  • In other words, if you're a cyber criminal - you have to be there," Meira Primes, CMO of Cybersixgill.
  • The report surveyed 106 cybersecurity executives at large enterprises,covering various aspects of threat intelligence from common use-cases to operational challenges.

TocMail Inc Extends Patented Phishing Protection to Email Attachments

Tuesday, March 2, 2021 - 2:22pm

TocMail 2.0 introduces five new security features:

Key Points: 
  • TocMail 2.0 introduces five new security features:
    TocDocs:TocDocs are 100% malware-free replicas of PDF, Word, and Excel attachments.
  • Also, the links in TocDocs are protected by TocMail's patented phishing protection.
  • TocMail now provides protection against malware and phishing for bothemail messages and attachments.
  • With TocMail's patented technology, companies can finally keep attackers out of their network infrastructure, simply by accessing their emails through TocMail," he said.

Cloud-based Email Threats Capitalized on Chaos of COVID-19

Tuesday, March 2, 2021 - 1:45pm

DALLAS, March 2, 2021 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704;TSE: 4704), theleader in cloud security, today revealed that it blocked 16.7 million high-risk email threats that slipped past webmail providers' native filters.

Key Points: 
  • DALLAS, March 2, 2021 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704;TSE: 4704), theleader in cloud security, today revealed that it blocked 16.7 million high-risk email threats that slipped past webmail providers' native filters.
  • "COVID-19 forced many organizations to accelerate their digital adoption plans, and SaaS apps have become indispensable to remote workers.
  • Detections of malware, credential theft and phishing emails all recorded double-digit year-on-year increases in 2020, while BEC volumes dropped slightly.
  • Discounting credential phishing, the number of threats in this category surged 41% over the period.

Arcserve Unveils Unified Data Protection 8.0 to Defend Organizations’ Entire Infrastructure from Accidental Data Loss and Ransomware

Tuesday, March 2, 2021 - 1:00pm

MINNEAPOLIS, March 02, 2021 (GLOBE NEWSWIRE) -- Arcserve, LLC , the worlds most experienced data and ransomware protection provider, today unveiled Arcserve Unified Data Protection (UDP) 8.0, which is designed to protect organizations entire infrastructure, including hyperconverged, from data loss, cybercriminals, and persistent threats like ransomware.

Key Points: 
  • MINNEAPOLIS, March 02, 2021 (GLOBE NEWSWIRE) -- Arcserve, LLC , the worlds most experienced data and ransomware protection provider, today unveiled Arcserve Unified Data Protection (UDP) 8.0, which is designed to protect organizations entire infrastructure, including hyperconverged, from data loss, cybercriminals, and persistent threats like ransomware.
  • This makes Arcserve the only data protection vendor capable of delivering ransomware prevention across hardware, cloud, SaaS, and other environments.
  • Ransomware and malware are among the most serious data threats facing organizations today, said Phil Goodwin, Research Director, IDC.
  • Arcserve UDP 8.0 prevents ransomware attacks by integrating seamlessly with industry-best cybersecurity protection from Sophos to protect critical data backup infrastructure.

ICCRC participates in Fraud Prevention Month 2021 #FPM2021

Monday, March 1, 2021 - 8:00pm

BURLINGTON, Ontario, March 01, 2021 (GLOBE NEWSWIRE) -- The Immigration Consultants of Canada Regulatory Council (ICCRC) is pleased to again participate in Canadas national Fraud Prevention Month, in collaboration with the Competition Bureau, the RCMP, and the Canadian Anti-Fraud Centre.

Key Points: 
  • BURLINGTON, Ontario, March 01, 2021 (GLOBE NEWSWIRE) -- The Immigration Consultants of Canada Regulatory Council (ICCRC) is pleased to again participate in Canadas national Fraud Prevention Month, in collaboration with the Competition Bureau, the RCMP, and the Canadian Anti-Fraud Centre.
  • There are many forms of fraud and scams which have long-lasting consequences for their victims, and immigration fraud can have devastating impacts on individuals and families hoping to make Canada their home.
  • We emphasize this during Fraud Prevention Month but we really focus on this year-round.
  • Please join the fight against immigration fraud by following our accounts, sharing our fraud prevention tips, and using the following hashtags.

Non-delivery scams: When nothing comes to those who wait

Monday, March 1, 2021 - 4:02pm

button, and the site processes your payment and promises that you will be enjoying your new dumbbells in two weeks' time.

Key Points: 
  • button, and the site processes your payment and promises that you will be enjoying your new dumbbells in two weeks' time.
  • Your attempts to contact the seller prove fruitless, and after a few more weeks, you realize you've been had, and the dumbbells are never coming.
  • Canadians shop online a lot, and many of us have been victims of a "non-delivery" scam in the past.
  • You can also file a complaint with the Canadian Anti-Fraud Centre (CAFC); the Better Business Bureau or your provincial / territorial consumer protection agency.

EBA publishes final revised Guidelines on money laundering and terrorist financing risk factors

Monday, March 1, 2021 - 4:05pm

01 March 2021 The EBA published today its final revised Guidelines on ML/TF risk factors.

Key Points: 


01 March 2021

  • The EBA published today its final revised Guidelines on ML/TF risk factors.
  • The revisions take into account changes to the EU Anti Money Laundering and Counter Terrorism Financing (AML/CFT) legal framework and address new ML/TF risks, including those identified by the EBAs implementation reviews.
  • The Guidelines are central to the EBAs work to lead, coordinate and monitor the fight against money laundering and terrorist financing.
  • They set out factors that firms should consider when assessing the ML/TF risk associated with a business relationship or occasional transaction.
  • The revised Guidelines also provide more details onterrorist financing risk factors.
Legal Basis, background and next steps
    • Since then, the applicable legislative framework in the EU has changed.
    • On 9 July 2018, Directive (EU) 2018/843 (AMLD5) entered into force and has been applicable from 10 January 2020.
    • The original risk factors Guidelines will be repealed and replaced with the revised Guidelines.
    • The deadline for competent authorities to report whether they comply with the guidelines will be two months after the publication of the translations.
    • The guidelines will apply three months after publication in all EU official languages.

Vigilance is key in fighting insurance fraud - IBC provides tips for consumers this Fraud Prevention Month

Monday, March 1, 2021 - 1:00pm

TORONTO, March 1, 2021 /CNW/ - It's Fraud Prevention Month, and Insurance Bureau of Canada (IBC) is asking Canadians to protect themselves from insurance fraud.

Key Points: 
  • TORONTO, March 1, 2021 /CNW/ - It's Fraud Prevention Month, and Insurance Bureau of Canada (IBC) is asking Canadians to protect themselves from insurance fraud.
  • "We're seeing an increase in fraud and scams across Canada," said Maria Dalcin, Senior Vice-President, Insurance Fraud & Operations, IBC.
  • "IBC wants to help consumers avoid falling victim to insurance fraud.
  • Unregulated and dishonest practices in the towing and storage industry drive up the cost of auto insurance paid by consumers.