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Judge Fines Online Marketers of Bogus Credit Offers, Cites for Contempt
Published on 26 May, 2011 at 11:14 in Cyber | Viewed 21 times | No Comments
A federal district court judge has ordered a deceptive marketing operation to pay more than $3.7 million as part of a contempt action for violating a 2008 court order and conducting an alleged scam the Federal Trade Commission says involved selling a bogus “$10,000 credit line” that was really an online shopping club membership and a “no cost” prepaid debit card with hidden fees.
In 2008,…
Achy, Breaky Bank Account: Scamming Romeos Lure Women out of Cash
Women, if you are into online dating instead of meeting a potential Romeo in a bar, take note: FBI’s cyber complaint center IC3 is warning about a scam in which certain web Lotharios are after much more than just your heart.
Generally, romance scams entail a fraudster asking potential victims to wire funds for various reasons. In this new, updated version of the ploy, scammers are claiming affiliation with…
Most Likely to Fall for Phishing Scams? Young Women
Published on 15 Nov, 2010 at 12:24 in GovCon Industry | Viewed 108 times | 1 Comment
Young women are most likely to fall victim to online scams, according to new research published by Internet security expert knowthenet.org.uk.
A survey of more than 2,000 Internet users measured individuals’ ability to detect and respond to seven types of online-scam scenario, ranging from spotting bogus social-networking sites to testing how consumers respond to competition…
Top 7 Most Common Online Scams of the Decade
Published on 24 Sep, 2010 at 13:38 in GovCon Industry | Viewed 434 times | No Comments
With 2010 drawing to a close, PandaLabs has released a ranking of the decade’s most widespread scams on the Internet, including 419 scam, ploys involving beautiful foreign women, and money-mule schemes based on too-good-to-be-true job offers.
“As with all the classic scams that predate the Internet, many of the numerous users that fall for these tricks and…
Report: Cyber-Crime Victims Often Blame Themselves
Published on 10 Sep, 2010 at 12:47 in GovCon Industry | Viewed 544 times | 3 Comments
A Symantec report has found that a majority of cyber-crime victims blame themselves for the web attack, experiencing a sense of powerlessness and lack of justice.
More than 7,000 adults from 14 countries took part in research for the Norton Cybercrime Report: The Human Impact, which revealed that nearly 65 percent of adults globally have…
Scareware among Fastest-Growing Online Scams, Says FBI
Pop-ups telling you your computer has been infected with a virus and then insisting on buying a certain anti-virus solution are not only incredibly annoying, but they can also masquerade as carriers of malware.
Called scareware because they scare consumers into buying bogus anti-virus programs, this type of scam has become one of the fastest-growing types of online frauds, according to the FBI. Instead of removing the supposed virus, the…
Cyber Scammers Beware, the British are Coming
Published on 15 Feb, 2010 at 14:43 in Cyber | Viewed 709 times | No Comments
The British government has launched a counter cyber scam team and plans to invest 4.3 million pounds within the next three years to combat cyber scams. Online scams, usually initiated via email, currently hit 3 million victims in the UK per year for a total loss of 3.5 billion pounds, according to an article on TheRegister.co.uk.
The new team…
