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The Internet Crime Centre (IC3) of the US Federal Bureau of Investigation (FBI) has issued an Announcement warning that cyber-frauds via business email compromise (BEC) cost businesses USD 43b in losses between June 2016 and December 2021. The Announcement defines BEC as “a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds...

After the hype of the South Korean Netflix series, Squid Game, another news about a Squid “play-to-earn cryptocurrency” quickly circulated, skyrocketing its price up to million in about a week. However, the cryptocurrency’s website, white paper and social media accounts have suddenly vanished in what appears like a big scam.   Learn more about it...

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