Notorious Nigerian cybercriminal tied to BEC scams extradited to U.S.
Abiola Kayode, a 37-year-old Nigerian national, has been extradited from Ghana to the United States to face charges of conspiracy to commit wire fraud. Kayode, who was…
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business email compromise (BEC)
African cybercrime crackdown nets more than 1,000 suspects
The international law enforcement operation is the latest to tackle cybercrime on the continent.
Nigerian man sentenced to 5 years for role in BEC operation
The man’s co-defendant was previously sentenced to 10 years after being convicted in a jury trial.
Shareholder-tracking company Equiniti shells out $850K to SEC over breaches
According to the Securities and Exchange Commission, the company’s failures led to the loss of $6.6 million in client funds.
300 arrests made in crackdown of West African cyber fraud group
The takedown of the Nigeria-based international cyber gang including millions in seized assets and hundreds of blocked bank accounts.
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Researchers unpack massive email scam targeting dozens of companies
The campaign is the latest case of business email compromise, which costs victims billions of dollars annually.
INTERPOL raids hundreds of scammy call centers in sweep
Investigators found scammers involved in human trafficking.
INTERPOL hauls in alleged Nigerian cybercrime ringleader
The group is believed to have hit more than 50,000 victims.
FBI arrests 65 in BEC scams that took $51M from US businesses
"Operation Eagle Sweep" is the latest crackdown on business email compromise (BEC) scams by international law enforcement.
FBI: Cybercrime reports saw ‘unprecedented’ rise last year, costing nearly $7B
Business email compromise again proved costliest, at $2.4 billion, according to the bureau's Internet Crime Complaint Center.
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