Nigerian internet fraudsters, most commonly known for love frauds and business that is infamous from “Nigerian princes,” are actually running with far more sophistication.

Final August, a bust that is major the Federal Bureau of Investigations (FBI) offered some understanding of the growing scale and abilities of Nigerian on the web fraudsters. Federal agents arrested 14 fraudsters running inside the United States as an element of a respected system of scammers and called 66 other people in a 252-count federal jury indictment that is grand. The fraudsters had defrauded victims as high as $10 million in just one of the “largest situations of its type in US history.” As a whole, the band had tried to take $40 million from victims in 10 nations along with the United States.

A brand new report by Palo Alto Networks, a California-based cyber-security business which claims this has investigated Nigerian cyber-crime for 5 years, attempts to show exactly exactly just how these fraudsters are becoming a much more effective in frauds in the last 5 years, using more advanced strategies and tools to carry down Business e-mail Compromise (BEC) frauds. Читать далее →