Former U.S. Most Wanted Brett Gollumfun Johnson has been a major player in the cyber crime world for over 20 years. He built a precursor to today’s darknet markets and was instrumental in developing many areas of online fraud still in operation today. After serving seven and a half years in a federal prison, Johnson started the consultancy AnglerPhish Security and today works with a variety of organizations and companies to stop cybercrime, including the FBI, The Identity Theft Resource Council, Microsoft, Emailage and Next Caller among many others.
Synthetic fraud is the fastest growing form of identity theft in the U.S., comprising 80% of all new account fraud and 20% of all credit card losses. In 2017, synthetic fraud caused an estimated $50 billion in losses. Why has the synthetic fraud problem grown to such heights? Because no...Readmore
I recently came across an interesting post on one of the many underground criminal websites I monitor daily. It is advice intended for fraud managers but posted for fraudsters to read so they might understand what fraud managers are taught to look for in their work. It is intended in...Readmore