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.
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.
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.
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.
Armin Van Buuren is one of the world's most well-known trance music DJs. He also apparently has had his credit card details stolen.
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.
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.
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.
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.
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.
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.
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.
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.
A class action complaint against Nokia alleges the company committed securities fraud when describing its operations in 2008.
A clever phishing scheme launched last week may have stolen more than €3 million (US$4.1 million) worth of carbon emission permits from companies.
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.