Tuesday, August 6, 2024

INTERPOL Recovers $41 Million in Largest Ever BEC Scam in Singapore

INTERPOL said it devised a "global stop-payment mechanism" that helped facilitate the largest-ever recovery of funds defrauded in a business email compromise (BEC) scam. 
The development comes after an unnamed commodity firm based in Singapore fell victim to a BEC scam in mid-July 2024. It refers to a type of cybercrime where a malicious actor poses as a trusted figure and uses email to


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Jackpot! ASU hackers win $2M at Vegas AI competition - ASU News Now

Jackpot! ASU hackers win $2M at Vegas AI competition  ASU News Now http://dlvr.it/TCywBD