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News

  • Microsoft will look to courts for botnet takedowns

    Microsoft has seen a dramatic drop in the number of computers infected with Waledac, a piece of malicious software affiliated with a botnet that was once responsible for a massive amount of spam.

    Written by Jeremy Kirk14 Oct. 10 02:24
  • Zeus botnet thriving despite arrests in the US, UK

    The Zeus botnet remains a robust network that is difficult to destroy despite an international sting operation that saw dozens arrested this week for allegedly stealing money from online bank accounts.

    Written by Jeremy Kirk02 Oct. 10 01:29
  • Analysts see uptick in Russia-registered spam domains

    Researchers are seeing an uptick in the number of spam-related domains from Russian registrars, a sign that cybercriminals are choosing those providers due to lax enforcement.

    Written by Jeremy Kirk24 Sept. 10 01:09
  • Nigerian advance-fee scammer gets 12 years

    A Nigerian man has been sentenced to 12 years in prison for sending out fraudulent e-mails offering victims big bucks in exchange for moving cash to the United States.

    Written by Robert McMillan04 Sept. 10 04:12
  • Companies launch online fraud alert service

    Microsoft, eBay and Citizens Bank have launched a new Internet fraud alert service designed to allow them to better share information about compromised accounts with each other in an effort to better fight online fraud.

    Written by Grant Gross18 June 10 05:14
  • Ex-IBM exec heads to court in insider trading case

    IBM's former server chief, Robert Moffat, is heading to court on Monday after he agreed to waive his right to a grand jury in a case related to the Galleon Group insider-training scandal, according to court documents.

    Written by Agam Shah26 March 10 08:28
  • Law enforcement lobbies hard for ICANN changes

    U.S. and U.K. law enforcement officials are trying to marshal support for changes that would make it more difficult for criminals to register domain names under false details.

    Written by Jeremy Kirk24 March 10 07:28
  • Two Madoff computer admins indicted

    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.

    Written by Jaikumar Vijayan19 March 10 07:59
  • 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.

    Written by Jeremy Kirk18 March 10 05:04
  • Counterfeit card fraud drops by half in the UK

    Fraud losses due to counterfeit payment cards fell by half in 2009 from the year prior in the U.K., but online banking losses continued to rise, according to new banking industry figures released Wednesday.

    Written by Jeremy Kirk11 March 10 08:17
  • Satyam still risky a year after fraud revealed: Forrester

    Over a year after Indian outsourcer Satyam Computer Services reported a major financial fraud at the company, research firm Forrester still cautions customers doing business with it.

    Written by John Ribeiro09 March 10 01:53
  • Nokia targeted in US class action suit

    A class action complaint against Nokia alleges the company committed securities fraud when describing its operations in 2008.

    Written by Mikael Ricknäs09 Feb. 10 06:05
  • 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.

    Written by Robert McMillan13 Jan. 10 07:11
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