cybercrime - News, Features, and Slideshows

News

• Proposed US law would single out cybercrime havens

  A bill introduced in the U.S. Senate Tuesday would compel the White House to identify international cybercrime havens and establish plans for cleaning them up.

• Council of Europe pushes for only one cybercrime treaty

  A European intergovernmental body that oversees the only international cybercrime treaty is advocating that the U.N. supports its efforts to get wider ratification of the treaty.

• E-crime reporting format draws closer to a standard

  The Internet Engineering Task Force is close to approving a specification for a common format for reporting e-crime, a step taken to allow security experts to react faster to cybercrime.

• The 50 Riskiest Cities For Cybercrime

  Ready the Bat-Signal, Seattle: You are officially the most dangerous city in America when it comes to cybercrime. According to the folks at Symantec, anyway.

• Law enforcement push for stricter domain name rules

  Law enforcement officials in the U.K. and U.S. are pushing the Internet Corporation for Assigned Names and Numbers to put in place measures that would help reduce abuse of the domain name system.

• Chinese attacks like the one against Google are on pace to double this year

  Recent Internet attacks from China against Google and other U.S. companies will more than double this year if the pace during the first two months continues, a security expert says.

• Indian pleads guilty in overseas stock hacking scheme

  An Indian national pleaded guilty Friday to conspiracy and aggravated identity-theft charges related to an international fraud scheme to hack into online brokerage accounts in the U.S. and use them to manipulate stock prices, the U.S. Department of Justice said.

• ISP operators among 19 arrested in cyber-fraud case

  The owner of a Dallas-based Internet service provider that was raided last April has been charged with participating in a conspiracy to defraud more than US$15 million from companies such as Verizon, AT&T and XO Communications.

• Two sentenced to prison for online money laundering

  Two Bulgarians have been sentenced for their roles in an online money-laundering scheme that collected about US$1.2 million from U.S. residents and sent it to a criminal group in Eastern Europe, the U.S. Department of Justice said.

• UK hails first cybercrime cooperation with banks

  U.K. police are hailing the sentencing of four people who used a sophisticated Trojan horse program to siphon money out of online bank accounts and send it to Eastern European countries and Russia.

• DOJ charges two programmers with aiding Madoff scheme

  Two computer programmers who worked for Bernard L. Madoff Investment Securities were arrested Friday and charged in connection with the multibillion dollar Ponzi scheme run by their former boss.

• Eight indicted for $9 million hack

  A U.S. grand jury in Atlanta has indicted eight people related to hacking into a computer network operated by credit-card processing vendor RBS WorldPlay and stealing US$9 million.

• Spammer ordered to pay Facebook $711 million

  Facebook was awarded US$711 million in damages from a convicted spammer on Thursday, but the social networking site is hoping a separate criminal action will eventually send him to jail.

• FBI warns of $100M cyber-threat to small business

  Cyberthieves are hacking into small- and medium-sized organizations every week and stealing millions of dollars in an ongoing scam that has moved about US$100 million out of U.S. bank accounts

• Experts see forecast worsen for cybercrime

  Law enforcement agencies can count a few recent victories against cybercriminals, but agents say the battle against them isn't getting any easier.