in

Cyber Criminals Develop Method to Fool Investigators

Cyber criminals have developed a way to provide false leads to investigators attempting to monitor illegal bank transactions, according to RSA.

he criminals are able to divert suspicion from their legitimate “money mules” to false money mules not actually involved in the scams.

Cyber criminals in Europe have been using a scam to siphon off money from bank accounts while providing false statements to keep the victim for being alerted to the theft. In the newest twist to this, the criminals are providing false links to fake money mules to hide the identity and existence of their legitimate money mules.Investigators come upon the false mules and block the accounts, while the legitimate mules are still able to operate.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Government Cloud

mm

Written by Admin

Researchers Develop Software to Stem DDoS Attacks
DoD's Brigadier General Michael Brogan to contractors: You're still needed - top government contractors - best government contracting event
DoD's Brigadier General Michael Brogan to contractors: You're still needed