U.S. Department of Justice building in Washington, D.C., on Jan. 10, 2012. Photo by Diego M. Radzinschi/ALM
One expert said such schemes are becoming “more brazen and targeted,” prompting GCs to increasingly seek help from investigators and consultants with cyber experience.
June 13, 2018 at 05:23 PM
1 minute read
senior reporter
A few years ago, cyber scammers just targeted individuals and were satisfied if they made a few hundred dollars. But a joint enforcement action announced this week shows the fraudsters are increasingly targeting businesses, including law firms, and are making off with millions.
U.S. authorities announced on Monday that a joint operation arrested 74 scammers in five countries, seized nearly $2.4 million and recovered about $14 million in fraudulent wire transfers.
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