eCommerce Fraud Detection Tool - An Anti-fraud solution by MasterCard

eCommerce Fraud Detection Tool - An Anti-fraud solution by MasterCard In the past, a lost wallet, stolen credit card, or misplaced ID were among the paramount culprits of identity theft.Today, one need not lose a thing to eventually lose it all. commerce merchants have a new tool at their disposa...

Money Mules, Not Customers, The Real Victims of Bank Fraud

Money mules – the accomplices who help move stolen funds – may be the real victims of online banking scams, not the bank customers who are the ostensible targets of fraudsters, according to new research from Microsoft. In a paper that turns conventional thinking about online banking crime on its...

Customer Credit Reports for Resale in Black market

Customer Credit Reports for Resale in Black market Internet security concerns grew the most, Approximately half of respondents said they were seriously concerned about viruses, spam, and the safety of online shopping. 70% of respondents said they were seriously concerned about identity theft, and...

A Russian Zeus attacker Sentenced from Million Dollar Fraud

A Russian Zeus attacker Sentenced from Million Dollar Fraud A Russian Hacker, who was part of an elaborate Cyber attack that used Zeus Banking Trojan in U.S. visas to move cash stolen from U.S. businesses out of the country was sentenced on March 23 to two years in U.S. federal prison. Nikokay...

Facebook Warns Users About Timeline Adware

Facebook issued a video warning to its hundreds of millions of users on Thursday about the dangers of adware programs that lure users with promises of special features. In a video message from the Facebook Security group, the company said that a growing number of companies are fooling Facebook...

Carberp Banking Trojan Scam - 8 Arrested in Russia

Carberp Banking Trojan Scam - 8 Arrested in Russia 8 Men suspected of being involved in the Carberp phishing scam have been arrested in Russia. The men were arrested after a joint investigation by the Russian Ministry of Internal Affairs MVD and Federal Security Service FSB. According to the MVD,...

Russian Agencies Take Down Carberp Gang

A collaborative effort between a Russian security company and two Russian federal agencies has yielded the arrest of eight men allegedly involved in the Carberp Trojan scam, it was announced today. Officials from Russia’s Ministry of Internal Affairs MVD and Federal Security Service FSB, along wi...

Data Breach at University of Tampa Posted Information of 30K Online

A breach at the University of Tampa may have exposed the sensitive information of thousands of students, faculty and staff members, including their names, identification numbers, social security numbers and birth dates, according to a press release posted to their the University’s Web site over t...

Attackers Go After SIM Cards in Bank Fraud Scams

Attackers are using a some new schemes that combine old phishing tactics with some newer techniques in order to steal or disable the SIM cards in victims’ mobile phones and then take them over for use in bank fraud transactions. Mobile phones have become high-value targets for attackers in many...

Cybercriminals Peddling Android Malware Through Twitter

Researchers at Symantec have identified a spike in Twitter messages carrying links to malicious programs for Android mobile devices in recent weeks, according to a post on Symantec’s Security Response blog on Monday. The post, penned by Joji Hamada, describes a series of Russian and...

Chinese spied on NATO officials using Facebook Friends

Chinese spied on NATO officials using Facebook Friends An online scam has been exposed in which senior British military and government officials were tricked into becoming Facebook friends with someone masquerading as U.S. Admiral James Stavridis, NATO's Supreme Allied Commander and lead officer ...

HITB2011KUL - Reverse Engineering Android Malware

Document Title: =============== HITB2011KUL - Reverse Engineering Android Malware References: =========== Download: http://www.vulnerability-lab.com/resources/videos/413.wmv View: http://www.youtube.com/watch?v=22KVTR4mEIk Release Date: ============= 2012-02-02 Vulnerability Laboratory ID VL-ID:...

Facebook, Washington Accuse Marketing Firm of Clickjacking

Facebook and the state of Washington are suing an ad network they accuse of encouraging people to spread spam through clickjacking schemes and other tactics. The company at the center of the allegations, Adscend Media, denies the charges and said it will fight them vigorously. According to the...

Fake CNBC's Website for Internet Fraud

Fake CNBC's Website for Internet Fraud The beauty of the Internet is that you can make a truckload of money out here. Yes, you really could quit your full time job if you work hard.The bad news is most people either don't want to work at it, or they buy into some scam that causes them to waste...

Carberp Trojan Commits Financial Fraud on Facebook

A new iteration of the Carberp trojan is targeting Facebook users, but unlike most Facebook attacks that attempt to pinch login credentials, this one is trying to steal money by fooling users into handing over an e-cash voucher. According to a report from Trusteer’s Amit Klein, the Carberp trojan...

Koobface Gang Shuts Down C&C Server, Drops Offline

The crew behind the Koobface worm, who have been quite open about their exploits and financial gains from their work in the past, now seem to be ducking underground as pressure is building on them in the wake of exposures of their operation and real identities. The command-and-control server used...

Alleged Russian Cybercriminal Extradited to U.S.

Vladimir Zdorovenin, an alleged prolific Russian cybercriminal, has arrived in New York City following his arrest and subsequent extradition by Swiss authorities. The FBI had been working to find and extradite Zdorovenin for several years. Originally indicted under seal in May 2007, the 54-year-o...

Facing Post-Transaction Attacks, Banks Should Reassess Fraud Protection

Banks will have to continue to upgrade their fraud protection controls, especially in the face of new and evolving attacks exclusively designed to evade them, researchers now say. A blog post, penned by Trusteer’s CTO Amit Klein, offers some research on these so-called post-transaction attack...

Microsoft launching Real Time Hosted Threat Intelligence Feed

Microsoft launching Real Time Hosted Threat Intelligence Feed Microsoft is to offer a real-time intelligence feed of botnet and e-crime data to public and private sector subscribers, according to security company Kaspersky. Currently, Microsoft is testing a real-time feed to distribute informatio...

In UK Analytics Software Provides Enhanced (Online) Interrogation For Fraud Suspects

A recent report by the UK’s Serious Organized Crime Agency SOCA shows that the Agency is full speed ahead with plans to use powerful data analytics tools to help find and prosecute everything from money laundering to illegal gambling to 419 scams. The 2011 Annual Report on Suspicious Activity...