NEC Employees Implicated In Fake Order Scam
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Ten employees have been caught faking orders in order to receive kickbacks, Japanese electronics maker NEC disclosed on Tuesday. In total, the ten made over $4.1 million on $18 million in forged orders.
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Contractor charged with defrauding the company of $10 million. Also: Mass. man allegedly uses false identities to order parts.
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Legitimate mortgage lenders inadvertently support--and get tangled in--spam traps.
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The Massachusetts Registry of Motor Vehicles is warning customers about an online scam intended to trick them out of their credit card information and their money.
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By Jenifer K. Nii Deseret Morning News  An e-mail purportedly sent by Utah Community Credit Union is an attempt by "phishers" to obtain personal and financial information from UCCU members, the credit union said Friday.
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NEC Corp. (6701.T), a Japanese  electronic conglomerate, said on Wednesday it expected orders  for next-generation network (NGN) equipment to surge as much as  six times in three years, helped by demand for new technologies  like Internet TV and e-commerce applications.
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Two men accused of aiding a Romanian man charged with hacking into the online ordering system of the world's largest computer equipment distributor pleaded not guilty Monday to charges of mail fraud and conspiracy to commit mail fraud.
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Red Hat posted a notice on their web site about fake emails that purport to come from them. Here is the statement in its entirety: &quot;Red Hat has been made aware that emails are circulating that pretend to come from the Red Hat Security Team.
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Fake patches, rogue invoices make the rounds as spammers continue trying to fool people into installing Trojans on their PCs.
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Gone Spear phishin' A provider of online security services has uncovered a highly sophisticated phishing scheme that has already duped at least 1,400 US executives. They were fooled into sending sensitive information in response to an email purporting to come from officials at the Better Business Bureau.â¦
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By Annys Shin  The Better Business Bureau network was the target of a "spoofing" scam last week in which thousands of businesses in the United States and Canada received e-mails encouraging them to download what is thought to be a computer virus.
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Why settle for just emptying an online bank account? Scammers conned both a mortgage firm and a bank to hit an IT director for Â£60,000. UK police are hunting the gang responsible for the scam, and at least nine others like it, that are estimated to have netted ID fraudsters hundreds of thousands of pounds, The Times reports.â¦
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LINUX distributor Red Hat has warned about an email scam designed to lure users of its open source software to download a fake update.
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PEWAUKEE, Wis., Sept. 5  /PRNewswire/ -- A new "phishing" scam aims to prey on members of credit unions -- not-for-profit, member-owned financial institutions that have more than two million members in Wisconsin.
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Hackers stole information from the U.S.  Department of Transportation and several U.S. corporations by  seducing employees with fake job-listings on ads and e-mail, a  computer security firm said on Monday.
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A backup tape containing credit-card information from hundreds of U.S. retailers is missing, forcing the company responsible for the data to warn customers that they may become the targets of data fraud.GE Money, which manages in-store credit-card programs for the majority of U.S. retailers, first realized that the tape was missing from an Iron Mountain secure storage facility in October, said Richard Jones, a company spokesman. &quot;We were informed that one of the tapes could not be located. But at the same time, there was no record of it ever having been checked out,&quot; he said.The tape contained in-store credit-card information on 650,000 retail customers, including those of J.C. Penney, he said. GE Money employees are also affected by the breach.The missing backup tape was unencrypted.Although J.C. Penney was the only company that Jones would confirm as affected by the missing tape, that retailer accounts for just a small percentage of all accounts that were compromised. In total, 230 retailers are affected by the breach. &quot;Clearly that number includes many of the national retail organizations,&quot; he said.The tape also contained Social Security numbers of 150,000 customers. When matched with name and address information, Social Security numbers can be used to set up fraudulent credit-card accounts, a common form of identity theft.Jones said that following a GE Money investigation, there is no evidence that the tape in question has been stolen or that the data it contained was misused.After reconstructing the data that was on the missing tape, GE Money began sending out letters to those affected by the breach in December. The company has set up a toll-free number and is offering one year of free credit monitoring services to those affected by the breach.In 2006, retailer TJ Maxx discovered that thieves had&#160;broken into its computer networks, stealing an estimated 94 million credit- and debit-card numbers. Costs related to that breach are expected to be in the hundreds of millions of dollars.GE Money is a division of General Electric.
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Allied Capital, a Washington financial services firm, said yesterday that someone it hired had obtained the  phone records of David Einhorn, a hedge-fund manager who has accused the company of fraud, and Einhorn's company, Greenlight Capital.