Cyber crime&#39;s worth? 215 million dollars!
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The US Justice Department&#39;s crackdown on cyber crime has brought to light illegal activities, including credit-card fraud, to the tune of over US $215 million and resulted in dozens of arrests, a senior official said in Washington.
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Among the more than 150 cybercrime arrests and convictions announced Thursday by the Department of Justice was an original: the nation&#39;s first case alleging denial of service attacks against competitors to knock them offline.
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Also: Tightening the Net on cybercrime. Read these stories and more from around the Web on News.com Extra.
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According to raw data from comScore Networks released this morning, US consumers spent nearly $2 billion online in just the past week alone. If "Black Friday" is any indication, "Cyber Monday" could yield some astonishing numbers.
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The government calls it &quot;Operation Web Snare&quot;, catching criminals who do business online. They&#39;ve been working since June and today announced dozens of arrests for crimes that cost victims millions of dollars.
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By TOBI COHEN  TORONTO (CP) - Police forces around the world spend fortunes trolling for and arresting Internet predators and educating parents, teens and children about cyber-safety.
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Paranoia strikes deep A Florida woman who believed she was about to get fired has been accused of deleting $2.5m worth of computer files to seek revenge on her employer.â¦
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for $61,000 - went to a person involved with four spam e-mails, including one message that praised Hitler&#39;s book &quot;Mein Kampf&quot; and was disguised to appear as if it came
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US consumers and businesses have lost an estimated $US500 million ($688 million) to the internet scam known as &quot;phishing&quot;, with seven out of 10 lured to fake websites, according to a survey.
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The IT vendor agrees to pay more than $200 million to avoid criminal prosecution in an accounting scandal. Also: PeopleSoft strengthens ties with IBM & hellip;. eMusic gets a facelift & hellip;. and more.
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Huge crowds in social networking sites draw money-minded malware authors.
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Trend Micro report validates concern in security industry that malicious hackers are more interested in money than fame.
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Siblings are the first ever to be convicted for sending boatloads of junk e-mail pushing bogus products. Also: Microsoft takes MSN music download on a Euro trip....  Nokia begins legal battle against European counterparts.... and more.
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Tangled web An internet hijacker who allegedly registered 5,500 copycat web addresses in a bid to divert lost surfers onto a porno site has agreed to hand over $164,000 to settle charges brought against him by the US Federal Trade Commission (FTC).â¦
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How the world of online gaming spawned a multimillion-dollar shadow economy.
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How bad is the Monster.com data breach? Bad enough. Did the crooks get their hooks in deep? Remarkably deep. Gregg Keizer has the details on what has gone wrong so far in the Infostealer.Monstres attack.