Cyber criminals step up the pace
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The last 12 months have seen a huge rise in the number of so-called phishing attacks, say security experts.
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Computer criminals are making phishing more potent by automating attacks. Anti-Phishing Working Group (APWG) analysts reckon fraudsters are using automated tools and botnets to ramp up attacks.
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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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Cyber scams are increasingly being   committed by organized crime syndicates out to profit from   sophisticated ruses rather than hackers keen to make an online   name for themselves, according to a top U.S. official.
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An undercover investigation led by the U.S. Secret Service has led to the arrests of 28 individuals suspected of being part of a global organized cybercrime network. Charges against the suspects include identity theft, computer fraud, credit-card fraud and conspiracy.
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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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If you read the news, you'd think that most cyber criminals 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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Trojans, malware and phishing scams are all on the rise in the last six months, according to the company's Security Intelligence Report.
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IT security vendors and analysts reported an increase in the number of cyberattacks being targeted at specific companies doing business online. An ongoing denial-of-service attack against payment processor Authorize.Net is a prime example.
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Criminals have been able to hack into computer systems via the Internet and cut power to several cities, a U.S. Central Intelligence Agency analyst said this week.
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Cyber scams are increasingly being  committed by organized crime syndicates out to profit from  sophisticated ruses rather than hackers keen to make an online  name for themselves, according to a top U.S. official.
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Social network sites look like they will be a popular target for hi-tech criminals in 2008, say security experts.
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A third of respondents said that spyware has been on the rise in the past six months.
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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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Organised crime gangs are targeting students in a bid to recruit skilled hackers, says a report.
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It's war out there and the good guys ain't winning Cybercriminals are stepping up their efforts to exploit vulnerabilities in web browsers to spread malware using drive-by download techniques.â¦
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By Chandra Devi  HOAX and scams are getting bolder these days leveraging on high speed technology to get faster and more results.