Theft

Crypto Company to Hackers: Give Back Our $119M
Crypto Company to Hackers: Give Back Our $119M
December 06, 2021  |  Cryptocurrency

The blockchain company BadgerDAO has a message for whoever stole $119 million in cryptocurrency from its platform: Please give it back. As Vice reported on...

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‘Smash and Grab’ Theft Trend Scares Shoppers and Workers, Threatens Mall Traffic
‘Smash and Grab’ Theft Trend Scares Shoppers and Workers, Threatens Mall Traffic
November 24, 2021  |  Retail

It’s always the unexpected things, it seems, that cause the worst problems. At a time when the retail industry and shopping public are laser-focused on...

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As Platforms Wage War on Cybertheft, Crooks Turn to Low-Tech Shoplifting and Online Resale
As Platforms Wage War on Cybertheft, Crooks Turn to Low-Tech Shoplifting and Online Resale
November 22, 2021  |  Security & Fraud

As online identity verification and transaction security improve, making it more difficult for cyberthieves to impersonate legit eCommerce customers, bad actors are reverting to low-tech...

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Nedap Launches Cloud-Based Loss Prevention Tool to Prevent Retail Theft
Nedap Launches Cloud-Based Loss Prevention Tool to Prevent Retail Theft
November 18, 2021  |  Security & Fraud

Radio frequency identification (RFID) firm Nedap has debuted its iD Cloud Loss Prevention, a cloud-based Software-as-a-Service (SaaS) program that enables merchants to recognize, assess and...

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Finablr Hires Firm To Investigate Potential Wrongdoing
Finablr Hires Firm To Investigate Potential Wrongdoing
July 23, 2020  |  Security & Fraud

After discovering over $1 billion in hidden debt in May, Finablr has hired law firm Skadden to investigate potential theft and wrongdoing in the company....

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Bitcoin Daily: Balancer Reports $500K Token Theft Attack
Bitcoin Daily: Balancer Reports $500K Token Theft Attack
June 29, 2020  |  Bitcoin

Balancer Pool suffered a complicated attack that took advantage of a technicality in its system, Coindesk reported. The identity of the attacker is still reportedly...

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Leader Of Russian Cybercrime Ring Pleads Guilty
Leader Of Russian Cybercrime Ring Pleads Guilty
June 28, 2020  |  Security & Fraud

One of the leaders of Infraud Organization, the international cybercrime network, has pleaded guilty to conspiracy, according to the U.S. Department of Justice. Sergey Medvedev,...

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Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
Brooklyn Man Charged With Allegedly Swiping Some $12,000 In IRS Stimulus Checks From Mail
April 30, 2020  |  Security & Fraud

Feng Chen, 31, of Brooklyn, New York, was charged with alleged theft of U.S. mail that included some $12,000 in government stimulus checks, other checks...

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Ex-Microsoft Engineer Guilty Of Pilfering $10M In eCurrency
Ex-Microsoft Engineer Guilty Of Pilfering $10M In eCurrency
February 26, 2020  |  Security & Fraud

A former Microsoft engineer was found guilty of 18 federal felonies after he stole $10 million worth of digital currency from his ex-employer and used...

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