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Bitcoin backer sues AT&T for $240m over stolen cryptocurrency

A bitcoin investor is suing AT&T for $240m after it allegedly ported his phone number to a hacker, allowing the criminal to steal $24m in cryptocurrency. Michael Terpin is suing the phone giant [PDF] for the value of the three million electronic coins plus $216m in punitive damages after he claims an AT&T employee at a store

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Tips against SIM Swap Scammers as Nigerians Lose Billions

Some Nigerians using mobile money transfer service have fallen victims to a recent scam involving mysterious swapping of SIM cards. SIM swapping is a sophisticated form of fraud and falls under social engineering. Fraudsters will distribute phishing emails, trying to ascertain as much personal information from victims as possible. After swapping sim cards, fraudsters then

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Nigerian man gets 15 years for IRS tax-return scheme

PORTLAND, Ore. (AP) – A Nigerian man who netted more than $11 million in a fraud scheme has been sentenced in Oregon to 15 years in federal prison. Emmanuel Kazeem was sentenced Wednesday in Eugene. A jury previously convicted him of fraud, conspiracy and aggravated identity theft. Prosecutors say the 35-year-old purchased more than 91,000 identities from

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Friday FYI: 9 out of 10 of website login attempts? Yeah, that’ll be hackers

Credential stuffing is rampant – so try not to reuse the same password on every site, eh? Up to 90 per cent of the average online retailer’s login traffic is generated by cybercriminals trying their luck with credential stuffing attacks, Shape Security estimated in its latest Credential Spill Report. The biz crunched the numbers [PDF] on 51

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‘NAIVE CYBER CRIMINALS JAILED AFTER £13 LOTTERY HEIST

Two cyber criminals have been sentenced for committing offences against the National Lottery following a National Crime Agency investigation. Daniel Thompson, 27, and Idris Kayode Akinwunmi, 21, were jailed for eight months and four months respectively at Birmingham Crown Court in relation to the 2016 attack. The men used an online application to bombard the

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DNA on napkin used to crack 32-year-old cold case, police say

(CNN)DNA evidence from a discarded restaurant napkin was used to identify a suspect in the slaying of a 12-year-old girl in 1986, police in Tacoma, Washington, said Friday. Gary Hartman, 66, was arrested Wednesday and has been charged with murder in the first degree and rape in the first degree, Tacoma Police Chief Don Ramsdell

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