Survey: Information Theft A Bigger Problem than Physical Theft

Anyone who has received “notification” of funky activity on their credit card, or an urgent e-mail plea from the widow of Mobutu Sese Seko won’t be surprised to learn that information theft is a big problem. But a new survey out from Kroll Consulting finds that its also the biggest problem facing...

Google ввел новую функцию по борьбе с интернет-мошенниками

Корпорация Google сегодня запустила новую функцию для своего поискового сервиса, которая позволяет активизировать борьбу с мошенническими сайтами. Функция будет полезна как обычным пользователям, так и системным администраторам, поскольку первые видят предупреждение об опасности, а вторые —...

В США задержаны 11 хакеров из России

Они входили в преступную группу, похитившую из американских банков 3 млн долларов Дмитрий ГОНЧАРУК, Никита КРАСНИКОВ — 05.10.2010 Еще шесть граждан России были задержаны в США по обвинению в причастности к команде мошенников, которая воровала деньги с банковских счетов. Гражданство других девяти...

More Than 60 Charged in N.Y. in Zeus Scam

The Manhattan district attorney on Thursday announced charges against 36 people in connection with the operation of the Zeus malware campaign. It’s the second major bust of suspects in the Zeus investigation this week, following the arrest of 20 people in the U.K. on Tuesday. The U.S. Attorney in...

NJ Takedown puts spotlight on sophisticated bust out schemes

HED: NJ Takedown puts spotlight on sophisticated bust out schemes DEK: Mike Braatz of Memento Security says the complex schemes can run for years and may be the biggest source of banking fraud – but you didn’t hear that from the banks When FBI agents descended on Sang-Hyun a.k.a “Jimmy” Park and...

53 Charged in New Jersey ID Theft Case

Fifty-three individuals were charged today in connection with widespread, sophisticated identity theft and fraud, including 43 individuals charged with participating in one large-scale criminal enterprise, United States Attorney Paul J. Fishman and FBI Special Agent in Charge Michael B. Ward...

A Closer Look at Work at Home Scams

A recent chat with an individual who was almost tricked into helping organized criminals launder thousands of dollars stolen through e-banking fraud displayed one of the more clever and convincing money mule recruitment Web sites encountered. Read the full article. KrebsonSecurity...

Malwarians at the Gate: Banks, Businesses and ACH Fraud

Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked...

Malwarians at the Gate: Banks, Business Customers and ACH Fraud

Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? And is there a cure for the plague of online banking fraud? You left your car unlocked. When you return, it was vandalized...

The Effect of Snake Oil Security

I’ve talked about this a few times over the years during various presentations but I wanted to document it here as well. It’s a concept that I’ve been wrestling with for 7+ years and I don’t think I’ve made any headway in convincing anyone, beyond a few head nods. Bad security isn’t just bad...

Online Bank Fraud Hammering Small Businesses

Online bank fraud, for all of its obvious ploys and tired tactics, is still a remarkably effective way to make money. Too lazy or clueless to get a real job? Go phishing. Lots of people are doing it, and by some estimates, it’s evolving into a nearly $1 billion business. Many industry groups and...

APWG Fax Back Phishing Education Program

In an effort to respond to a growing public threat by offline phishers that conduct various scams via fax, the Anti-phishing Working Group APWG has partnered with the Internal Revenue Service IRS to create the APWG Fax Back Phishing Education Program. This program is designed to provide...

Mobile Website Flaws Cloak Click Fraud

It’s possible to craft a malicious website so that a user’s clicks are secretly redirected to a legitimate site in a way that steals a user’s passwords and other data. Many Web developers have added protections to block the tactic on standard websites, but Stanford University researchers warn tha...

6 Arrested in UK Online Bank Fraud Scheme

Six people have been arrested on suspicion of stealing credit cards, personal information and banking details as part of a suspected online banking fraud. Read the full article. Help Net Security...

Corporate Identity Theft Is On the Rise

Just days after Colorado officials warned businesses about scammers who are forging corporate identities to commit financial fraud, an official in Georgia said the same has been happening in that state as well. Read the full article. Computerworld...

MS Launches Centralized Fraud Alert System

Microsoft launched a new Web-based mechanism for researchers to securely report stolen credentials, bank and credit card data, or other data they discover, and as a way to quickly alert the appropriate banks, retailers, or government agencies of a compromise. Read the full article. Dark Reading...

ATM Skimmer Sites Attempt to Scam Criminals

Most skimmers that are openly advertised are little more than scams designed to separate clueless crooks from their ill-gotten gains. However, start poking around on some of the more exclusive online fraud forums for sellers who have built up a reputation in this business and chances are eventual...

Feds Indict 5 in Carson, CA Crimes

Five people were indicted this week on wire fraud and other criminal charges stemming from a 2007 cybertheft in which nearly $450,000 was stolen from the bank accounts of the city of Carson, California using credential-stealing spyware. Read the full article. Computerworld...

ID Theft Victims Spending Less on Cleanup

Nearly one-third of all identity theft victims say they are unable to completely clear up damaged credit or criminal records in the aftermath of their identities being abused. But the good news is they’re spending much less time and money cleaning up the fraud perpetrated against them in their...

Beta Users Refute MS Click Fraud Claims

Beta customers named in two click fraud lawsuits Microsoft filed this week maintain their innocence, and both say they assisted the software company in investigating the source of the problem. Read the full article. IDG News Service...