$600 Million Gone in an Instant: THE BIGGEST CYBERHEIST IN HISTORY JUST HAPPENED

At the Stolen Asset Recovery Network, we work day in and day out to combat cyber crimes. Cyber Heists, once seen as anomalies, are now an everyday reality for businesses, financial institutions, and private individuals. Even though we deal with recovering assets stolen in cyberheists on a daily basis, we were still shocked to see the largest reported cyberheist in history: over six hundred million dollars Read More

5 Famous Examples of Famous Cyber Heists

Major heists have occurred throughout most of human history. Bold criminals have often made a name for themselves robbing banks, stagecoaches, and even modern armored cars. Heists are so iconic that they have their own movie genre with blockbuster hits like Ocean's 11. While physical heists still occur today, it is often the cyber criminals that are able to walk away with the biggest hauls. There are hundreds of Read More

How Can I Report Public Corruption?

You know that public corruption exists. The recent cases involving FirstEnergy in Ohio and  Commonwealth Edison Company in Illinois have shown how elected officials can (and do) exchange their integrity for a lot of money. What you might not know is that you can do something about it. Public Corruption- What It is and the Damage It Does Public corruption happens when government officials breach the public’s trust by Read More

12 Ways to Make Your Email Safer Against Cyberheists

One of the areas where most companies and individuals are least secure against cyberheists is through their email use. Since your email is hosted by someone else and can be accessed from all over the world, increasing your security is a little more complicated than it is for your internal systems. It requires stricter policies regarding email use and more vigilant verification of use. This issue was brought to light Read More

The Corporate Transparency Act: Steps in the United States Towards Fighting Corruption

On January 1st, 2021, the United States Congress passed the National Defense Authorization Act for Fiscal Year 2021. This Act contained one very important provision: the Corporate Transparency Act, known as the CTA. Even if you have not yet heard of it, the CTA is one of the first major steps the United States has taken towards fighting corporate corruption. Corruption is a major threat to businesses, governments, Read More

7 Tips for More Modern Cybersecurity

Investing your time and money into increasing your company’s cybersecurity is one of the most important decisions that you can make. As the threat of cyber heists continues to escalate each year, the more vulnerable your company becomes to such attacks. This truth is not reserved exclusively for banks with high amounts of currency at stake - it is happening to all kinds of companies. Cybersecurity is more important Read More

5 Effects of Public Corruption

Public corruption is one of the greatest threats to any government in the entire world. Corruption hurts everyone - the government itself, the people, and the country’s reputation on a global scale. Even if only one individual is responsible for it, it can have far-reaching consequences on an entire country. Staying vigilant about public corruption is one of the most important jobs that any citizen has in order to Read More

Knowledge is Power

We hear the same question day in and day out. “What is the number one cause of cyberheists?” This cry is often only heard when it is too late. When people are the victim of a horrible cyber crime, they ask first if their assets can be recovered. They ask second what they can do to prevent it from happening again. Sometimes they ask what they could have done to stop it from ever happening in the first place. We hear Read More

5 Warning Signs of Corruption

Corruption is a major issue for businesses. It can even be seen as a threat to national security. Corruption can come in the form of monetary brides, behind the scenes schemes, or unseen agreements. It is almost always for the purpose of increased wealth or personal power on the part of the guilty party. You do not want to be caught with corruption in your business. It will reflect poorly not just on the guilty Read More

Big Cyber Heists in History

You may remember a time when bank heists were hands-on operations. If the criminals didn’t actually walk into a bank and demand the cash at gunpoint, they infiltrated the premises after hours by deactivating the alarm system and/or getting inside help from an employee or security.  Today, it’s different. Thanks to the Internet, criminals in Europe can empty bank accounts in North America (and vice-versa) without Read More