5Dimes Comments on 'Tony' Disappearance

5Dimes management is reassuring clients and employees that all is well and operational at the company, despite the disappearance of its owner William Sean Creighton (popularly known as "Tony"). Tony has been missing in Costa Rica, where 5Dimes is based and where he's lived for decades, since September 24. The statement, which was given to…

Ransomware's Favorite Target is the Online Gambling Industry

The online gambling industry ranks number one in a category that no business wants anything to do with, ransomware attacks. According to a recent study by NTT Security, roughly 20 percent of all ransomware attacks are aimed at online gambling sites. Ransomware is the practice of criminals taking over a website and, literally, holding it…

Western Union to Pay $58 Million to DOJ for Aiding Gambling and Fraud

Western Union has been ordered to pay a $586 million fine for aiding criminal transactions, including those associated with gambling and internet fraud. It is believed to be the largest such fine ever levied on a financial services company. Among the allegations leveled against Western Union by the attorneys at the DOJ are suggestions that…