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Posts Tagged ‘Fraud’

A Russian-born U.S. citizen has been sentenced to 110 months in prison for running a sophisticated cybercrime operation that involved botnets, stolen financial data and money laundering. Alexander Tverdokhlebov, 29, has been living in Los Angeles. He emigrated from Russia in 2007 and later obtained U.S. citizenship.

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For the second time in the past year the Hard Rock Hotels and Casinos franchise is encouraging guests to keep tabs on their bank account statements for suspicious activity. The hotel, resort, and casino chain on Thursday said it was alerted on June 6 that its systems were impacted by a security incident involving Sabre Hospitality Solutions (SHS) SynXis, an inventory management SaaS application.

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Southern Oregon University recently fell victim to email fraud, resulting in $1.9 million being transferred to an attacker-controlled bank account. Fraudsters posing as the Andersen Construction company building a university pavilion and recreation center instructed SOU to transfer the money to an account not controlled by the contractor.

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