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Nigerian Scams | Breaking Cybersecurity News | The Hacker News

Hundreds of BEC Scammers Arrested in Nigeria and U.S. — $3.7 Million Recovered

Hundreds of BEC Scammers Arrested in Nigeria and U.S. — $3.7 Million Recovered

Sep 11, 2019
Breaking News — The Nigerian prince and his allies who might have also asked you over an email for your assistance to help save "the first African astronaut lost in space" have finally been arrested by the FBI. Don't take it too seriously, as there's no Nigerian prince or an astronaut seeking your help. Instead, it was an infamous 'Nigerian 419' scam email template where fraudsters try to dupe you into making a quick online payment by offering a share in a large sum of money on the condition you help them transfer money out of their country. The FBI today announced the arrests of 281 suspects from around the world as part of an internationally coordinated law enforcement operation aimed at disrupting multi-billion-dollar BEC email and wire transfer scams. With no surprise, the largest number of arrests were made in Nigeria where authorities detained a total of 167 suspects, though a significant number of arrests were also made in nine other countrie
3 Nigerian Scammers Get 235-Years of Total Jail Sentence in U.S.

3 Nigerian Scammers Get 235-Years of Total Jail Sentence in U.S.

May 26, 2017
You may have heard of hilarious Nigerian scams. My all time favourite is this one: A Nigerian astronaut has been trapped in space for the past 25 years and needs $3 million to get back to Earth, Can you help? Moreover, Nigerians are also good at promising true love and happiness. But You know, Love hurts. Those looking for true love and happiness lost tens of millions of dollars over the Nigerian dating and romance scams. These criminals spend their whole day trolling the online dating sites for contact emails and then send off hundreds of thousands of fraudulent emails awaiting the victim's response. A US federal district court in Mississippi has sentenced such three Nigerian scammers to a collective 235 years in prison for their roles in a large-scale international fraud network that duped people out of tens of millions of dollars. The three Nigerian nationals were part of a 21-member gang of cyber criminals, of which six, including Ayelotan, Raheem, and Mewase,
SaaS Compliance through the NIST Cybersecurity Framework

SaaS Compliance through the NIST Cybersecurity Framework

Feb 20, 2024Cybersecurity Framework / SaaS Security
The US National Institute of Standards and Technology (NIST) cybersecurity framework is one of the world's most important guidelines for securing networks. It can be applied to any number of applications, including SaaS.  One of the challenges facing those tasked with securing SaaS applications is the different settings found in each application. It makes it difficult to develop a configuration policy that will apply to an HR app that manages employees, a marketing app that manages content, and an R&D app that manages software versions, all while aligning with NIST compliance standards.  However, there are several settings that can be applied to nearly every app in the SaaS stack. In this article, we'll explore some universal configurations, explain why they are important, and guide you in setting them in a way that improves your SaaS apps' security posture.  Start with Admins Role-based access control (RBAC) is a key to NIST adherence and should be applied to every SaaS a
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