Bank of America Employee Sentenced Following ATM Scam

A former Bank of America employee was sentenced to twenty seven months in prison after installing software on the bank’s computers that allowed him to steal thousands of dollars from ATMs, according to an Associated Press report. Rodney Reed Caverly of Mint Hill, N.C. was ordered to pay $419,310....

New Facebook Scam : WTF I can't believe you're in this video !

New Facebook Scam : WTF I can't believe you're in this video ! If you happen to get a new wall post from your friend saying "WTF I can't believe you're in this vid" or "ROFL i cant believe youre tagged in this video" Its a new scam spreading on Facebook. Don't open or click on this link else it...

New Facebook worm propagating : VERIFY MY ACCOUNT , Video Explanation of code !

New Facebook worm propagating : VERIFY MY ACCOUNT , Video Explanation of Code In the past hour a new application has begun spreading on Facebook which has found an exploit in the existing sharing system. Whatever you do, don't click the link described below. The system is pretty straight forward...

"Real" Osama bin Laden Death Photos? Yeah, They're Fake, Too.

You’ve heard about the tidal wave of spam e-mail and scammy Web links that followed the killing of Osama bin Laden by U.S. Special Forces on Sunday. But what about the latest round of e-mails offering death photos of the slain terrorist leader? Well, turns out they’re fake, also. Security firm...

Phisher Hooks Condé Nast, Reels in $8 Million

Condé Nast was baited in a phishing scam that netted a Texas man nearly $8 million in company funds, according to published reports. According to a complaint filed in Manhattan District Court by the U.S. Attorney’s Office last week, the publishing giant was fooled by a single phishing e-mail sent...

FBI busts $465,000 credit card scam !

Federal investigators arrested and indicted a former Bridgeport resident who they say orchestrated a scam in which foreign nationals applied for and received credit cards on which they charged up to $465,000 worth of goods before leaving the country with the banks holding the tab. A federal grand...

Waves of Tsunami Spam Continue

There has been no respite from the tsunami of scam-emails taking advantage of the natural disaster-nuclear meltdown combo punch that is hitting Japan, according to research from Kaspersky Labs. As pleas for charitable donations for victims of the magnitude 9 earthquake in northern Japan fill the...

Experts Warn Of Japan Earthquake, Tsunami Spam

As the Pacific Rim braces for deadly Tsunami’s spawned by today’s magnitude 8.9 earthquake in Japan, the SANS Internet Storm Center says users should be on the lookout for a different kind of Tsunami: scam e-mail and Web pages looking to turn curiosity about the events in Japan into illicit gain...

IC3: Internet Crime Up in 2010

Internet crime is on the rise again according to a report recently released by The Internet Crime Complaint Center IC3. The organization said last week that it received the second-highest number of complaints in its decade long history in 2010. Released on February 24, the 2010 Internet Crime...

New Phishing Scam Targets PayPal Users

Customers of Internet money transfer service PayPal are being targeted in an aggressive email phishing scam that is masquerading as an urgent security warning, a familiar scam for PayPal customers. Users of PayPal are receiving an email message from them that claims to be an urgent security...

Online dating sites targeted by hackers during Valentine !

Consumers are urged to be aware of fake online profiles, which may be used to gain the trust of online users looking love to scam them out of money. Using singles and dating websites, scam artists are pretending to be people looking for relationships. They often steal photos from social networkin...

Donbot Botnet Exploiting Bank of America Customers

A phishing campaign via the Donbot botnet has been spamming unsuspecting Bank of America customers, according to a blog post by Rodel Mendrez at M86 Security Labs. Online banking customers who’ve been targeted receive an e-mail that appears to be from Bank of America instructing the user to confi...

Hobbit helmsman Jackson trap in $190K credit card scam !

Lord of the Rings Director Peter Jackson was the ambition of a US$190,000 £120,000 acclaim agenda artifice that approved to bond out a disturbing business. The recently-knighted Hobbit helmsman acclimated his American Express agenda to shop for items from the Michigan Toy Soldier Company, which...

FTC Charges Scareware Operators to Pay $8 Million Settlement

The FTC doled out $8 million in fines to the operators of an online scareware scheme. The scam involves tricking consumers into thinking their computers are infected with malware and then selling them software to remedy problems that doesn’t exist in the first place. A district court order in...

Beware Of Phishing Scams, Vishing, And Other Smishing !

Better Business Bureau has published a list of top 10 scam that seems not only to the biggest scam in 2010, but what to watch in 2011. In no particular order, here they are: Door to door scams Each of the new season of the show to attract new scammer port provides an incredible offer: Roofing in...

Worm Virus Twitter Scam Push Rogue !

Thousands of Twitter users are believed to have been struck with malicious links tied to a rogue anti-virus hoax circulating the microblog service. Scam is spreading malicious links goo.gl wrong URL shortening services. According to Kaspersky Lab, malicious links to redirect users to different...

Hackers Steal 2 Million Tonnes Of Carbon Credits In The EU !

Hackers have stolen two million tons of pollution rights in a raid five days this week in the carbon system of the EU, an EU source said Thursday. The amount of the stolen carbon credits in the online action, as a spokesman for the European Commission said was "maybe unified" represent only a...

Hackers Steal $ 150,000 Malware Job Search !

Small businesses are worried about a new scam: criminals in search of work who want to break into online bank accounts. The U.S. Federal Bureau of Investigation issued a warning Wednesday on a new version of a fraud technique called long-term computer automated information exchange fraud. With AC...

Scam Sites Demanding SMS Payment For Fake Flash, Firefox Downloads

Phishers and scammers have developed a new tactic for separating victims from their money that involves getting them to pay for software that’s normally free, such as Mozilla Firefox or Adobe Flash. The new scam is offering users the opportunity to download applications such as Flash, Firefox and...

Lolz ! I've won three million Euros from Bill Gates !

Excuse me for typing breathlessly, faithful Naked Security reader, but I have some incredible news to share. I have just been informed that I have won three million Euros from none other than the Bill Gates Foundation! I had no idea that the Bill and Melinda Gates Foundation, which normally fight...