fraud

RSS
  • Two Madoff computer admins indicted

    Posted March 18, 2010 - 8:20 pm

    Two former computer administrators who worked for convicted financial fraudster Bernard Madoff's investment firm were indicted this week on charges of conspiracy and falsifying financial records.
  • FDIC: Hackers took more than $120M in three months

    Posted March 8, 2010 - 10:34 pm

    Ongoing computer scams targeting small businesses cost U.S. companies US$25 million in the third quarter of 2009, according to the U.S. Federal Deposit Insurance Corporation.
  • Predicting the future of fraud

    Posted October 14, 2009 - 10:34 am

    Some trends depend on very evident developments. Do you see more cellphones out there? Then you should worry about mobile malware. Other likely trends are simply a matter of ingenuity among fraudsters. What new tricks and variants of old tricks will they develop? If you can think of new types of fraud and assess their likely success rates, you will be able to predict which ones will flourish.
  • School boards hit with cash-stealing Trojan

    Posted September 28, 2009 - 8:49 pm

    The U.S. Federal Bureau of Investigation is probing a rash of reported online computer intrusions that have resulted in hundreds of thousands of dollars being stolen from school districts in Illinois.
  • Data Debauchery That Happens in Vegas Doesn't Stay There

    Posted September 15, 2009 - 8:56 pm

    Organizations love to collect data on people, often in the name of identity and access control. But more often than not, the information gathering fails to improve security. In fact, it often makes matters worse.
  • Spammer Ralsky pleads guilty to stock fraud

    Posted June 23, 2009 - 11:35 am

    Alan Ralsky, a spam kingpin who was convicted of felony bank fraud in 1995, could face more than seven years in prison after pleading guilty in a stock fraud case involving spam messages that pumped up Chinese "penny" stocks.
  • Fraudsters try to scam security expert on eBay

    Posted June 22, 2009 - 11:12 am

    When security expert Bruce Schneier tried to sell a used laptop on eBay, he thought it would be easy. Instead, a sale was aborted twice -- first by a scammer using a hacked eBay account and then by a buyer who tried to trick Schneier into sending her the laptop after she cancelled payment.
  • New Hampshire man made $112,000 in bank account hacking scheme

    Posted June 6, 2009 - 8:44 pm

    A Hampton, New Hampshire, man has pleaded guilty to fraud charges for his role in a scheme to empty brokerage accounts by installing malicious Trojan horse software on victims' computers.
  • Court shuts down 'rogue' ISP after FTC complaint

    Posted June 4, 2009 - 2:34 pm

    A judge has ordered that an ISP be shut down after the FTC complained that the company recruits and hosts spammers, child pornographers and other criminals.
  • Cybercriminals refine data-sniffing software for ATM fraud

    Posted June 4, 2009 - 11:00 am

    Cybercriminals are improving a malicious software program that can be installed on ATMs running Microsoft's Windows XP operating system that records sensitive card details, according to security vendor Trustwave.
  • Mobile phone location technology fights card fraud

    Posted May 26, 2009 - 3:44 pm

    Ericsson is courting major banks with a security service the company thinks could cut down on credit card fraud as well as eliminate an inconvenience for travelers using cards overseas.
  • Information Systems Audit: The Basics

    Posted May 26, 2009 - 9:55 am

    Nowadays, information systems audit seems almost synonymous with information security control testing.
  • Mass network compromise cause of most online fraud

    Posted May 12, 2009 - 11:07 am

    Mass compromise of merchant networks and card processors is viewed as the main cause of payment-card fraud, according to a survey of 113 financial services firms, which was published Tuesday.
  • Johns Hopkins to patients: Employee stole data for fraud

    Posted May 11, 2009 - 3:43 pm

    Baltimore's Johns Hopkins Hospital is warning more than 10,000 patients after linking a woman working in the hospital's patient registration area to fraud.
  • LexisNexis says its data was used by fraudsters

    Posted May 2, 2009 - 8:15 pm

    LexisNexis acknowledged Friday that criminals used its information retrieval service for more than three years to gather data that was used to commit credit card fraud.
  • Forget computers, phone crime is worrying banks

    Posted April 23, 2009 - 3:36 pm

    Computer fraud may be a big problem for banks today, but the telephone is becoming a critical tool for fraudsters, bank executives say.
  • Criminals pay top money for hackable Nokia phone

    Posted April 20, 2009 - 4:18 pm

    Criminals are trying to buy a certain model of Nokia's 1100 phone due to a software problem that can enable them to hack online bank accounts.
  • Microsoft: Rogue 'security' software a rising threat

    Posted April 8, 2009 - 9:57 am

    Fake security software programs along with attacks using flaws in applications continued to pester Internet users, according to a Microsoft security report.
  • Phone service for the deaf becomes a fraud tool

    Posted April 1, 2009 - 8:14 pm

    A telephone service designed to help deaf and speech-impaired people communicate is being misused by fraudsters, a PayPal executive said Wednesday.
  • FBI: Internet fraud complaints up 33 percent in 2008

    Posted March 30, 2009 - 4:30 pm

    The FBI's Internet Crime Complaint Center says that 2008 was the busiest year yet for online fraudsters.
  • Tim Berners-Lee is cybercrime victim

    Posted March 16, 2009 - 12:31 pm

    'Founder of the web', Sir Tim Berners-Lee, has revealed he was the victim of online fraud after purchasing a gift online.
  • Symantec uncovers underground cybereconomy

    Posted November 24, 2008 - 4:19 pm

    Symantec is warning of a hugely profitable, online underground economy for stolen goods and fraud, where credit card and bank account details are sold and exchanged, following a year-long study.
  • Video

    Cyber-criminals Get Organized

    Posted November 24, 2008 - 2:29 pm

    Symantec just released a new way to make us lose sleep at night, called the Symantec Report on the Underground Economy. In case you weren't depressed enough by the regular economy, Symantec will be happy to bum you out about the increasingly organized world of hackers, spammers, and phishers.
  • Electronic voting could work

    Posted November 4, 2008 - 8:47 am

    There have been a rash of email scams related to the election. Besides the usual nonsense viral emails that describe the candidate of your choice as the boogeyman, complete with “absolute proof” that they eat babies and are BFFs with Osama bin Laden, there are some more dangerous ones floating around.

Join today!

See more content
Ask a Question
randomness