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If you have been optimistically daydreaming that losses attributed to cybercrime might have reduced in the last year, it's time to wake up. The FBI's latest annual Internet Crime Complaint Center (IC3) report has just been published and makes for some grim reading. According to the IC3 report, online fraud hit record losses in 2023, with the American public reporting US $12.5 billion, a 22% increase from the year before. However, this only counts reported crimes to the FBI. The true figure is likely to be much, much higher. So, what are some of the main takeaways from the report? Ransomware I'm sure this won't surprise regular readers, but the number of reported ransomware intrusions rose 18% to 2,825 (approximately 8 per day), with claimed losses growing by 74% to US $59.6 million. Included in IC3's stats are 1,193 complaints from critical infrastructure organizations, with healthcare and public health being the hardest hit. [embed ima...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its "buttery-soft leggings," but accused of being a pyramid scheme and using predatory practices to make money. The company has been the subject of multiple lawsuits, including a suit in Washington state that was settled for $4.75 million in February. The four-episode series, which debuted in early September, highlighted the predatory practices of multilevel marketing schemes, also known as MLMs. While MLMs are legal in the United States and recognizable companies like HerbaLife and Young Living use the business structure, experts say they often closely resemble pyramid schemes and victimize sellers. What is a multilevel marketing scheme? The Federal Trade Commission defines MLMs as "businesses that involve selling products to family and friends, and recruiting other p...

Digital Marketing gives marketers the ability to take advantage of the internet and digital technologies like desktops, mobile phones, and other digital media to advertise their products and services to audiences across the world. Considering how digital marketing will never be enough, digital marketers, a career within the domain, is considered a highly lucrative one. In this article, we'll cover some important digital marketing interview questions that'll help you take the next step in your career.  Popular Digital Marketing Interview Questions for 2024  1. Why has Digital Marketing grown to be this huge compared to offline marketing? 2. Differentiate between direct marketing and branding? 3. What are some of the popular digital marketing tools? 4. List the most popular local SEO ranking factors. 5. What are the most effective ways to increase traffic to your website? 6. What would you do to improve the Click-through-rate of your email? 7. Ho...

There have been a number of notorious companies that were accused (and sometimes convicted of) engaging in scams over the ages. Maybe you've heard them called "Ponzi schemes" or "pyramid schemes." But while some people use the terms interchangeably, they actually refer to different variations of investment fraud. Both scenarios rely on new money coming in to fund unrealistic promises, but the inner mechanisms are different. A Ponzi scheme requires an investment from participants, with the promise that their investment will passively multiply. And for the people at the top, it does—the money comes in from new recruits at the bottom. But the people at the bottom are the ones paying the price; the money they paid to get into the investment is typically paid out as phony returns to those who put money in earlier, ostensibly the payoff for some kind of sage investment. Though he wasn't the first to run a scheme of this nature, the Ponzi scheme takes its name from...

Fine Infinity Kuala Lumpur, Malaysia, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Fine Infinity is a newly established digital platform that offers its services in financial markets. In the recent development, Fine Infinity has launched the Multilevel Marketing Platform, where it enables clients to secure commissions and increase the number of their members as well as capital. The Multilevel Marketing platform of Fine Infinity has become one of the most popular network marketing companies in South East Asia. It possesses extensive activities in financial markets and network marketing by attracting traders and businessmen. Fine Infinity focuses on the small investors as they have little chance of succeeding in entering the world's major financial markets, such as Forex. For this reason, after years of experience in such markets, the team of Fine Infinity decided to create a sustainable and profitable business for many people in a safe and risk-free environment by raising small amounts of cap...