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Kenneth Carter, 44, of Portland, Oregon, a former AT&T retail store employee, was sentenced to 16 months in federal prison for acting as the inside man for a SIM-swap gang. According to his plea agreement, the scheme ran from May 2018 to November 2019 and involved at least three co-conspirators. Carter used privileged store access to move…
A 40-year-old Nigerian national, Chukwuemeka Victor Amachukwu, was sentenced to eight years in prison by a US federal court for a 2019-2023 scheme that combined hacking of US tax preparation businesses, filing of fraudulent tax returns and fake investment fraud. He used identities stolen from victim organizations to file false returns wit…
Huntress published an explainer on business email compromise (BEC), a targeted form of phishing in which attackers impersonate or take over trusted email accounts to redirect payments or steal credentials. The article cites roughly $55 billion in worldwide losses and a Huntress survey of 500+ US IT professionals, in which 36% of organizat…
