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US, Romania Bust Online Fraud Ring
Published on 15 Jul, 2011 at 15:30 in Cyber | Viewed 53 times | No Comments
A collaboration between U.S. and Romanian law enforcement agencies has disrupted an ongoing Internet fraud scheme conducted by several networks of organized cyber criminals, including more than a hundred recent arrests and searches in Romania, the FBI announced.
According to U.S. court documents, conspirators in Romania would post items for sale such as cars, motorcycles and boats on websites and online auctions. Interested buyers were instructed to wire…
Blackmail Email Scam Targets Physicians
Published on 14 Jul, 2011 at 11:14 in Cyber | Viewed 58 times | No Comments
The FBI’s cyber crime center is warning about an email scam that targets doctors and attempts to extort them, claiming that if they do not pay up, their reputation and business will suffer.
Since March 5, 2011, the Internet Crime Complaint Center has received more than 50 complaints reporting extortion emails targeting professionals, mainly physicians. Victims were told complaints had been filed against them and posted online, claiming…
Jay Leno Tops List of Most Dangerous Hollywood Celebrities in Cyberspace
Published on 13 Jul, 2011 at 15:48 in Cyber | Viewed 54 times | No Comments
What do Jay Leno, Madonna and Cameron Diaz have in common, besides celebrity? According to new research, they are the most frequently spammed-about personalities.
Analysis of 25 million spam messages by Internet security solutions provider BitDefender revealed that cyber crooks most commonly use Jay Leno, Madonna and Cameron Diaz to spread spam. Barack Obama and Stephen King also make the dubious honor of placing in the top 10.
Other celebrities…
Microsoft Researchers: Cyber Crime Losses Exaggerated
Published on 8 Jul, 2011 at 12:07 in Cyber | Viewed 93 times | No Comments
Reports of losses from cyber crimes gathered from surveys are greatly exaggerated and often based on unverified, self-reported numbers and skewed results, according to two Microsoft researchers.
In the “Sex, Lies and Cybercrime Surveys” report, Dinei Florencio and Cormac Herley say much of the information on cyber-crime losses comes…
Borneo Sees Spike in Cyber Crime
Published on 7 Jul, 2011 at 9:56 in Cyber | Viewed 56 times | No Comments
Borneo saw 7,404 reported incidents of cyber crime in the first half of 2011 – a 147 percent increase compared to the same period last year, Bernama reports.
Deputy Minister of Science, Technology and Innovation Datuk Fadillah Yusuf said as more people begin using the Internet, issues and threats — ranging from spam to identity theft…
Malaysia, UK Sign Agreement to Fight Cyber Crime
Published on 6 Jul, 2011 at 10:46 in Cyber | Viewed 195 times | No Comments
The executive branch of Malaysia’s government has decided to sign a memorandum of understanding with the United Kingdom to work together to battle cross-border crime, including web-based ones, Home Minister Datuk Seri Hishammuddin Tun Hussein said.
Prime Minister Datuk Seri Najib Tun Razak is expected to sign the MoU during his…
Cisco: Cyber Crime Not as Profitable Anymore
Cyber crime is not the cash cow it once was, according to Cisco Systems (NASDAQ: CSCO) whose recent research examined the cyber underground.
Speaking yesterday at a press event at in San Bruno, Calif., security researcher Pat Peterson said last year saw a turning point in the fight against mass scams and criminal profits from these illicit activities are expected to continue dropping, according to Computerworld….
Avoiding Hook, Line and Sinker: Q&A with Anup Ghosh on Spear Phishing
Published on 24 Jun, 2011 at 15:54 in GovCon Industry | Viewed 145 times | No Comments
Cyber attacks hitting high-profile targets have recently dominated the headlines, and there is no indication the trend will slow down anytime soon. Here, Invincea Founder and CEO Anup Ghosh talks to The New New Internet about the uptick in spear phishing, what role social media play and what steps to…
DOJ, FBI Dismantle Global Scareware Ring
Published on 23 Jun, 2011 at 12:01 in Cyber | Viewed 36 times | No Comments
The Justice Department and the FBI, along with international law enforcement partners, have announced the indictment of two individuals from Latvia and the seizure of more than 40 computers, servers and bank accounts as part of Operation Trident Tribunal, a coordinated enforcement effort targeting global cyber crime.
The operation targeted international cyber crime rings that caused more than $74 million in total…
Japan Institutes Harsher Penalties for Hackers
Published on 17 Jun, 2011 at 13:25 in Cyber | Viewed 82 times | No Comments
Japan has reportedly passed new legislation that will impose tougher prison terms for those who create or spread malware, according to Japan Times.
Under the new cyber crime bill, those found guilty of creating or distributing malware could get a maximum of three years in prison or approximately $6,250 in fines. Possessing or storing a virus can…
