Charting the Carnage from eBanking Fraud
Summary: Aaron Jacobson of Authentify mapped all 43 U.S. commercial e-banking victims covered in Brian Krebs' reporting, with an interactive Google Maps version showing each victim's name and monetary losses. Krebs noted the victims appear heavily clustered on the East Coast and Midwest, and that the thieves typically recruit money mules almost exclusively from those regions, possibly because most of the criminals reside in the Eastern European Time Zone and do not want to manage mules all night.
What you should know: The FBI estimates over $500 million in losses from commercial wire fraud in 2009 alone, and Krebs notes the map captures only a small fraction of victims willing to go public with their stories.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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