FBI Warning! Unlimited ATM Cashout Scheme

The Federal Bureau of Investigation (FBI) has adviced banks that cybercriminals are planning to carry out a highly choreographed, global fraud scheme recognized as an ATM cash-out, in which criminals hack a bank or payment card processor and use cloned cards at cash machines around the world to fraudulently withdraw millions of dollars in just a few hours.Continue Reading…

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Swallowable Chip to Detect Illnesses

Researchers at Massachusetts Institute of Technology are working on a chip that could take place of an endoscopy.  Those who’ve had one before are in no rush to experience that again.  While a doctor feeds a tube-camera down the patient’s throat to examine their stomach and beyond, patients try not to cough, gag, or be sick. In some cases, it is so uncomfortable they have to be sedated. Continue Reading…

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SIM Swap Scheme Artist Arrested

Florida Police arrested 25-year-old Ricky Joseph Handschumacher, charging him with grand theft and money laundering.  Handschumacher is allegedly accused of being part of a multi-state cyber gang that hijacked mobile phone numbers in online attacks that extracted hundreds of thousands of dollars worth of bitcoin and other cryptocurrencies from victims through their SIM Swapping Scheme.Continue Reading…

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