Fugitive Arrested After 3 Years on Charges Related to BEC Scheme

The United States Department of Justice (DoJ) has announced the arrest of Njuh Valentine Fombe, who was wanted for his role in a business email compromise (BEC) scheme.

Indicted in 2019, Fombe was a fugitive for three years until he was arrested on August 6. He is charged with conspiracy to commit wire fraud and money laundering, and with aggravated identity theft.

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How Bot and Fraud Mitigation Can Work Together to Reduce Risk

Onions are great for analogies, as are buckets full of stuff from the beach. In this piece, I’d like to take a look at how both of these analogies can help us understand how bot and fraud mitigation can work together to help enterprises both improve their security postures and lower their fraud losses.

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Ghost Security Snags $15M Investment for API Security Tech

Texas startup Ghost Security has joined the list of early-stage companies in the API and application security space attracting venture capital funding.

The Austin-based company emerged from stealth this week with $15 million in investments from 468 Capital, DNX Ventures, and Munich Re Ventures.

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Slack Forces Password Resets After Discovering Software Flaw

Workplace productivity software giant Slack on Friday forced password resets for a tiny fraction of its users after the discovery of a security flaw that exposed Slack credentials.

Slack’s security response team alerted users to the issue via email and followed up with a blog post warning about the risk of passwords leaking to a skilled attacker.

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