Tuesday, April 04, 2023

The Wealthiest Companies with the Weakest Passwords

 The Wealthiest Companies with the Weakest Passwords – “Do large companies have unbeatable password habits? Think again. NordPass has compiled a list of passwords used by the world’s largest companies across 20 industries and 31 countries to “secure” their business accounts.

Spoiler alert: they’re terrible. Don’t believe us? See for yourself but please, don’t get inspired.”

Top Stories
Arizona: Nigerian man gets more than four years prison for BEC, Romance, fake check, and romance scams; hired people with online jobs and used them to assist the frauds; worked with others in Malaysia, which extradited him to the US
Florida: One man extradited from Spain (Nigerian?) pleads guilty to inheritance scam; sent mail to older victims and told them  to pay money for various fees to get their money; six others charged; got $6 million; used former victims as money mules
DOJ arrests founder of BreachForum, worlds largest hacking forum; takes down marketplace

Australia warns of sharp jump in bank impersonation scams; victims get text from the bank phone number, claiming to be security; ask victims to transfer their money to “keep it safe”

Fraud Studies: Here are links to the studies I’ve written for the Better Business Bureau: puppy fraudromance fraud; BEC fraudsweepstakes/lottery fraud,  tech support fraudromance fraud money mulescrooked movers, government impostersonline vehicle sale scamsrental fraud, gift cards,  free trial offer frauds,  job scams,  online shopping fraud, and crypto scams
Fraud News Around the world


FTC and CFPB  

Virus Benefit Theft 

Social media

Business Email compromise fraud 


Data Breaches 

Bitcoin and cryptocurrency

Romance Fraud and Sextortion