Two Cyberfraud Advisories Issued

Protecting Against Account Takeover, Money Mule Schemes

Linda McGlasson, Managing Editor

An industry group and federal law enforcement agencies have issued a set of much anticipated cyberfraud advisories for businesses and consumers. The two advisories address one of the fastest growing crimes, corporate account takeover, and related fraud, money mule schemes.

The two advisories, Fraud Advisory for Businesses: Corporate Account Take Over, and Fraud Advisory for Consumers: Involvement in Criminal Activity through Work from Home Scams, were issued by the Financial Services Information Sharing and Analysis Center (FS-ISAC), the Federal Bureau of Investigation, the United States Secret Service and the Internet Crime Complaint Center.

These advisories come just weeks after authorities in the U.S. and Europe arrested more than 100 people involved in a cybercrime gang that was stealing millions from U.S. businesses.

To read the entire article, click here - http://www.bankinfosecurity.com/articles.php?art_id=3023