The FBI on Economic Espionage
The Justice Insiders Podcast: Varsity Blues Reversals Turn DOJ Red
[Podcast] Cyber Spotlight: Wiley Tackles White House’s National Cybersecurity Strategy and Other Developments
No Password Required: An FBI Special Agent's Journey from Submarines to Anti-Corruption to Cybersecurity
The New Cold War: Risk, Sanctions, Compliance Episode 23: "Former FBI Acting Director Andrew McCabe”
The Latest from the DOJ Antitrust Division
The Presumption of Innocence Podcast: Episode 7 - Investigative Insights: A Conversation with a Former FBI Agent
DE Under 3: OFCCP AAP Verification Portal 'Rules of Behavior', Vaccination Injunction Updates, & Recent Job Scam Alerts
Cybersecurity: Headlines, Best Practices and Its Evolving Role
Digging Deeper, Episode 1: The Con Queen of Hollywood
Devil in the Details: Gilbert King on Truth and Transparency in the Judicial Process
Compliance Perspectives: The FBI on Why and How to Work with the Office of the Private Sector
This Week in FCPA-Episode 54, the Rubber Match Edition
Fight back against this major cyber threat. Business Email Compromise is one of the greatest cyber threats to businesses of all sizes and industries, particularly those involved in regular wire transfers of funds....more
One of the most common forms of data or security breaches is the compromise of a business e-mail account that allows a threat actor to obtain financial or other sensitive information. Security professionals report that...more
Our Virtual Regional Compliance Conferences provide updates on the latest news in regulatory requirements, compliance enforcement, and strategies to develop effective compliance programs. Watch, listen, and ask questions from...more
As the COVID-19 pandemic continues to cause chaos across the globe, cyber attacks seeking to exploit the crisis on the rise as well. In particular, the frequency of COVID-19 business e-mail compromise (“BEC”) schemes—a...more
With employees working from home, attackers are relying on the fact that assistants and others are not able to confirm these requests from the executives as they are not in the same physical proximity to the executives as...more
FBI Issues Warning of Increased BEC During COVID-19 Pandemic - On April 6, 2020, the Federal Bureau of Investigation (FBI) issued a warning to companies to be aware of an increase in business email compromises (BEC)...more
The FBI’s Internet Crime Complaint Center (“IC3”) has released its 2019 Internet Crime Report (“Report”) on trends and statistics of suspected cybercrimes from 2019. ...more
Darkreading.com reported that the 281 criminals “stole more than 250,000 identities and filed more than 10,000 fraudulent tax returns… attempting to generate more than $91 million in refunds.” The September 11, 2019 report...more
Last week, the Vermont Supreme Court in Rainforest Chocolate, LLC v. Sentinel Insurance Company, 2018 VT LEXIS 240 (Vt. Dec. 28, 2018), held that the “False Pretense” exclusion in a business-owner policy did not exclude loss...more
Data privacy and security can feel overwhelming for a company’s executive management. Unfortunately, that overwhelming feeling can prevent constructive dialogue and action toward improving a company’s cybersecurity program....more
Business email compromise (“BEC”) is a type of cyberattack that is increasing at an alarming pace. The U.S. Federal Bureau of Investigation estimated in a May 2017 alert that global losses due to BEC scams totaled more than...more
The FBI continues to warn that losses are on the rise from business email compromise (BEC) or “social engineering” schemes, which the Bureau describes as: Carried out by transnational criminal organizations that employ...more
The “business compromise email” is what the FBI calls the “$5 billion scam,” but apparently an insurance company did not agree with an insured company that they had been the victim of a crime....more
The FBI warned this summer that the “Business Email Compromise” (“BEC”) scam continues to grow, evolve, and target businesses of all sizes. As reported by the FBI in June, the scam had hit more than 22,000 victims for a...more
This is the first in a series of articles about increasingly sophisticated cyber scams, and follows several alerts issued by the FBI’s Internet Crime Complaint Center (IC3). These scams include: (1) Business Email...more
On April 14, 2016, the U.S. Attorney for the Southern District of New York filed a civil forfeiture action seeking to recover nearly $100 million stolen from an unidentified U.S. company through a form of wire fraud or...more
Some Words Are More Equal Than Others: BancInsure vs. FDIC - In George Orwell's "Animal Farm", the governing principle that "all animals are equal" was revised by the pigs, who had ascended into power, to "all animals...more
In March, we reported on the Business E-mail Compromise (BEC) scam where criminals target employees responsible for wiring company money, and trick them into wiring money under false pretenses to fraudulent accounts...more