• CEO/Founder

Cybercrime. Always under threat.

Cybercrime and cyber fraud have become an integral part of modern society. From the actions of cybercriminals and cyber fraudsters, not only financial institutions, companies, but also ordinary citizens suffer.

Cybercrime is a collection of crimes committed in cyberspace using or through computer systems or computer networks, as well as other means of access to cyberspace, within computer systems or networks, and against computer systems, computer networks and computer data.

Today, there are countless ways in which a cybercriminal can steal funds from companies and ordinary citizens - both from the outside and from the inside.

This week Data Digest looks at the latest B2B payment scams related to vendor redirection, credential theft and more.

According to OnRec, 43% of victims admit to mistakes that led to a cybersecurity breach and loss of funds.

In a survey of 1,000 British and American professionals, Tessian determined that nearly half of their activities were the cause of a cyber incident at their workplace. And these mistakes put their company at risk of fraud.

25% of respondents admitted to clicking on a link in a phishing email, with tech professionals most likely to do so (47% admitted it did).

47% of respondents said that the reason for the phishing scam was because they were distracted. As employees report that they are even more distracted at home, researchers warn that expanding the remote workforce could further increase the threat of cyber fraud for Companies and ordinary citizens alike.

According to a report from Digital Shadows; 66% of the 2 million stolen usernames and identities are most commonly used on the black market.

Researchers analyzed 2 million stolen usernames to find out how cybercriminals use this information, and found that usernames, including personal details on invoices (invoices), are among the most popular. Although the release did not state why, the value of B2B invoices and payment scams continues to rise, making this strategy popular with cybercriminals.

$66,800 was swindled from a government entity in New Zealand following a cyberattack at one of its vendors, according to the New Zealand Herald. The Far North District Council said a cyberattack last December at one of its vendors led to an invoice redirect scam, in which cybercriminals infiltrated the vendor’s email server to send a message to the government requesting a change to the supplier’s bank account details. Reports said the government paid 100,600 New Zealand dollars ($66,800) into that account. Council Corporate Services General Manager Mr. Will Taylor said that the government was able to recover the funds after the supplier notified the parties involved and the bank reversed the payment.

$4.1 million in company funds were allegedly stolen in an invoice redirect scam, reports from Ireland’s Dublin Live said. Irish law enforcement reportedly arrested two men in connection to the case. Officials said the individuals convinced corporate professionals to change bank account details of a known supplier, causing accounts payable professionals to send payments to the wrong account for legitimate orders. The individuals are accused of participating in a global scam to direct funds into various bank accounts in other parts of Europe. Law enforcement officials said their investigation remains ongoing.


Cyberspace, being the largest medium for the exchange of information, at the same time generates a rapid increase in crime related to the use of information technology.

This enemy is cruel and merciless, you do not see him, and you do not know what he is plotting against you.

But he is constantly watching you and your actions and are waiting for the moment to attack you.

Government agencies, financial institutions, companies are trying to protect themselves by spending large resources on it. But ordinary citizens remain unprotected.

I would like to write for them some simple tips on how to avoid becoming a victim of cyber scams. To do this, you need to be careful and attentive with your actions on the World Wide Web;

• You should carefully study the information on the website, reviews, compare prices for the product of interest. Lack of information, confusing system of receiving goods are often signs of fraud;

• Get as much information about the seller or store as possible: addresses, phone numbers, history on social networks, availability of a delivery service, etc. Legally operating online stores or retailers post complete information and work on the principle of "payment for goods after delivery";

• Do not give (send by e-mail) your information about your plastic cards. Criminals can use their data and make, for example, various purchases.

• Do not give your identification and personal information to unknown people and companies. Remember that your data can be used in fraudulent transactions.

• Ignore the e-mail, unusual offers, even if they seem tempting to you.

• Ignore your e-mail requests for payment from sources unknown to you.

• Install on your computer or gadget, a good program that can protect your device and ensure computer security, protection against malware, spyware and Trojans, as well as other types of cyber threats, including adware, worms and phishing.

The main thing is to remember that carelessness and lack of proper attention in your actions in the vastness of cyberspace can lead you to unpleasant situations and you can become another victim of cybercriminals.

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