Tech Boosts the Fraudsters
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If the newly released 32-year-old National Guard memos regarding George W. Bush were written on a computer with Microsoft Word, as experts suspect, they&#39;re some of the most inept high-profile forgeries in modern history.
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2004 was a good year for criminals keen to use technology to fleece consumers.
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It's warcraft out there Online games have become a major target for fraud in recent years. A study from Kaspersky Labs, published today, dissects the techniques and targets used by hackers to make "easy money" by selling stolen login credentials of users or in-game items on the black market.â¦
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Scammers and hackers are targeting the human factor in system setups. Part of a series on hot security topics.
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Two computer engineers in the US are charged with conspiring to steal microchip designs.
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The technology hasn't been widely adopted, but spammers are taking it up at a faster rate than legitimate e-mailers.
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Phishing "toolkits" and underground Internet chat rooms are making the economics of online fraud so much in favor of criminals that a continued increase in phishing activity is all but certain. -washingtonpost.com
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Internet fraudsters have developed a sophisticated new method of using e-mails to capture internet banking customers&#39; details.
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Scammers are using fake electronic greetings to lure recipients to malicious sites.
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Pay-per-click advertising fraud is becoming more pervasive as spurious clicks can be generated through automated programs.
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Online tricksters looking to dupe consumers out of credit card numbers and other personal information have netted about $500 million from their hapless victims in the US, a national study released Wednesday showed.
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The founder of a US Caller ID falsification service is selling up, just days after setting up in business.
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RSA has uncovered an online store where fraudsters trade in stolen credit cards.
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The latest information on phishing indicates that fraudsters are increasingly using malicious software to direct users to their deceptive sites.
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If you read the news, you'd think that most cybercriminals are lonely, maladjusted teenage hackers stealing credit card numbers from their windowless rooms. But the real damage is being done by organized syndicates, and they're playing for much higher stakes.
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In a twist, security researchers have discovered a group of hackers who are exploiting a new category of victims -- aspiring Internet scammers.A Moroccan group called &quot;Mr. Brain&quot; is offering free phishing kits on a Web site hosted in France, said Paul Mutton, Internet services developer at Netcraft, a security company in Bath, England.The software packages make it easy to quickly set up a fraudulent Web site mimicking a known brand in order to trick people into divulging credit card details or bank account numbers. Templates for spam e-mail are also included, targeting brands such as Bank of America, eBay, PayPal, and HSBC.Mr. Brain&#39;s Web site lists the kits and what kind of details each one is capable of collecting, such as usernames, passwords or Social Security numbers. Netcraft posted screenshots on its Web site.But what the aspiring scammer doesn&#39;t know is that the phishing kits are designed to send any sensitive information that&#39;s collected back to e-mail accounts controlled by Mr. Brain, Mutton said.&quot;Obviously, that&#39;s why they are offering this stuff for free,&quot; Mutton said. &quot;I was impressed by it.&quot;Mr. Brain hides the special e-mail function in a blend of PHP scripts, one of which is encrypted, Mutton said. Just in case someone decrypts it, Mr. Brain has written at the top of the file &quot;Don&#39;t need to change anything here. Created by Mr. Brain Morocco Team.&quot;The scheme seems to be targeted at new phishers, Mutton said. Mr. Brain benefits since other wannabe scammers shoulder the cost and risk of finding an ISP (Internet Service Provider) to host the phishing site, Mutton said.&quot;Essentially, they&#39;re exploiting all these novice phishers -- basically getting them to do all the hard work,&quot; Mutton said.It&#39;s difficult to tell without further research how many of the free phishing kits linked with this latest scam are live on the Internet, but Mutton said Netcraft noticed one earlier this month targeting Bank of America.&quot;Clearly, these are actively being used in phishing attacks,&quot; Mutton said.
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Revelations of corporate fraud are dependent on a wide range of sometimes unlikely players.