Tag: cyber-crime

Local loses cash after login info hacked

Local loses cash after login info hacked

| 22/11/2018 | 5 Comments

(CNS): The RCIPS Financial Crime Unit is urging people to use a different password for each website they log into and to change the password immediately if any of those websites are hacked. The FCU said they had been made aware of an incident where hackers were able to steal funds from a person in […]

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Two-step SMS verification not secure, OfReg warns

Two-step SMS verification not secure, OfReg warns

| 12/06/2018 | 11 Comments

(CNS): Getting a security code sent to a cell phone via a text message is one of the least secure means of verifying and protecting people’s online accounts, the Utility Regulation and Competition Office (OfReg) has warned. The regulator is urging banks and large corporations to consider the dangers of using this common two-step SMS […]

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Cayman spared in global ransomware attack

Cayman spared in global ransomware attack

| 22/05/2017 | 8 Comments

(CNS):  The RCIPS has said that the Financial Crime Unit has not received any reports that anyone in the Cayman Islands has been affected by the recent global cyber attack. But the attackers behind the WannaCry Ransomware are still trying to solicit cash from victims in the unprecedented cyber onslaught affecting millions of computers and networks, from […]

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Business email scammers target Cayman

Business email scammers target Cayman

| 23/03/2016

(CNS Business): There has been an increase in wire transfer frauds by email against Cayman Islands businesses and government entities, the new Cybersecurity Incident Response Team, CIRT-KY, has warned. The internet security arm of the Information and Communications Technology Authority (ICTA), CIRT-KY said the scammers are masquerading as legitimate businesses in an attempt to make unauthorised wire transfers. 

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Cyber-crime latest challenge for local cops

Cyber-crime latest challenge for local cops

| 12/11/2015 | 21 Comments

(CNS): Email and internet scams, hacking and identity theft, as well as serious online financial fraud are just some of the challenges the local police now have to face, in addition to the more traditional home-grown criminality of burglars, robbers and gunmen. With cyber-crime becoming increasingly common and more sophisticated the world over, the police commissioner […]

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