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  • US, Romanian authorities target Internet fraud scheme

    Romanian law enforcement officials on Thursday executed 117 searches targeting more than 100 people in an ongoing effort with the U.S. Department of Justice to break up a large Internet auction fraud scheme, the DOJ said.

    Written by Grant Gross16 July 11 02:14
  • Aussie banks divided over mobile security education

    Some of the big four banks are divided over claims by a National Australia Bank (NAB) fraud specialist that more needs to be done to educate customers about the risks of banking using mobile devices

    Written by Hamish Barwick08 July 11 12:26
  • Ukraine disrupts $72M Conficker hacking ring

    Ukraine's security service said on Thursday it had disrupted a cybercrime ring that cost the banking industry more than US$72 million using Conficker, a fast-spreading worm unleashed in 2008.

    Written by Jeremy Kirk23 June 11 23:36
  • As fraud abounds, design students craft safer ATMs

    Going to an ATM can be an unnerving, vulnerable experience: You're faced against a wall, taking out cash with little visibility as to whom is watching you.

    Written by Jeremy Kirk17 June 11 03:51
  • Citigroup breach exposed data on 210,000 customers

    Citigroup admitted on Wednesday that an attack on its website allowed hackers to view customers' names, account numbers and contact information such as e-mail addresses for about 210,000 of its cardholders.

    Written by Jeremy Kirk09 June 11 22:24
  • Greek police arrest teen on hacking charges

    Police in Greece have arrested an 18-year-old Athens man on suspicion of hacking into the Interpol website and other government sites in the U.S. and France.

    Written by Jeremy Kirk09 June 11 02:43
  • Four indicted in $1.5M ATM skimming operation

    Three Romanian men and one Austrian man were indicted on Monday by U.S. federal prosecutors for allegedly stealing more than US$1.5 million by cloning payment cards with stolen account information.

    Written by Jeremy Kirk08 June 11 02:16
  • Cybercriminals selling exploit-as-a-service kit

    Cybercriminals are taking a page from the software-as-a-service playbook: they're now selling exploit kits complete with hosting services, with customers paying for the length of time the exploits are actively infecting computers.

    Written by Jeremy Kirk29 March 11 03:28
  • Verizon offers refunds for fraudulent SMS messages

    Verizon on Wednesday said that it filed a lawsuit this week against a group of people and related companies that it alleges duped people into signing up and getting charged for premium short message services.

    Written by Nancy Gohring10 March 11 11:16
  • Greed, altruism drive consumer fraud: O’Connor

    Scammers who use the lure of personal gain while helping others has directly led to the rise of Internet fraud according to Minister for Home Affairs and Justice, Brendan O’Connor.

    Written by Hamish Barwick08 March 11 17:04
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