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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.
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,
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AI Solutions Are the New Shadow IT
Nov 22, 2023
AI Security / SaaS Security
Ambitious Employees Tout New AI Tools, Ignore Serious SaaS Security Risks Like the SaaS shadow IT of the past, AI is placing CISOs and cybersecurity teams in a tough but familiar spot. Employees are covertly using AI with little regard for established IT and cybersecurity review procedures. Considering ChatGPT's meteoric rise to 100 million users within 60 days of launch , especially with little sales and marketing fanfare, employee-driven demand for AI tools will only escalate. As new studies show some workers boost productivity by 40% using generative AI , the pressure for CISOs and their teams to fast-track AI adoption — and turn a blind eye to unsanctioned AI tool usage — is intensifying. But succumbing to these pressures can introduce serious SaaS data leakage and breach risks, particularly as employees flock to AI tools developed by small businesses, solopreneurs, and indie developers. AI Security Guide Download AppOmni's CISO Guide to AI Security - Part 1 AI evoke
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