Thursday, January 25, 2024

FTC settles with Blackbaud over ransomware and data breach

 Top Stories

 US shuts down major Chinese hacking operation aimed at US infrastructure
 
Thoughts on fraud prosecutions.   Tackling mass marketing fraud is hard. The cases are complicated, perpetrators are often in other counties, and evidence can be hard to gather.  So a salute to those who do this.  But I’ve heard people say we “can’t prosecute our way out of crime.”  Given that human beings are imperfect this is surely true. But with work you can keep it to a minimum.  If we prosecuted no burglaries or car thefts is there any question that those would skyrocket?  Prosecutions do indeed create a great deal of deterrence.  Of course education and disruption can also help.
 

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,  fake check fraudand crypto scams


 
Fraud News Around the worldHumor FTC and CFPBArtificial Intelligence and deep fake fraud
 
Virus Benefit Theft Bitcoin and cryptocurrencyRomance Fraud and Sextortion