Symantec Debuts Online Fraud Protection
	Symantec has just launched Online Fraud Protection, a special solution which includes numerous security technologies supposed to protect both businesses and their customers. Using the newly-released program, consumers can remain protected against phishing scams, malware threats, pharming attacks and many other threats. "Fraud attacks are becoming more sophisticated and are increasingly targeting businesses and customers w ... [read more >>]
	20 May 2008, 16:11GMT | (c) 2008 Softpedia

McAfee Employee/Hacker to Go to Jail
	Brett Oliphant, a security researcher who worked for ScanAlert, has been charged with fraud and may spend several years in prison. Oliphant was the vice president of security services of ScanAlert and joined McAfee once the company was acquired by the Santa Clara-based firm. Brett and his brother Bryan "are accused of the fraudulent sale of unregistered securities and of wrongfully receiving more than $1,215,000 from the sal ... [read more >>]
	20 May 2008, 03:30GMT | (c) 2008 Softpedia

Watch Out for the First Stock Exchange of Web Traffic
	If you think that your website isn't making enough money mainly because it has few visitors to start with, then take a look at what Robotraff.com has to offer. First of all, take into account that this website calls itself "the first stock exchange of web traffic". However, what appears to be a money-making solution is just another Russian-based website trying to make an Internet click fraud boost its accounts. ... [read more >>]
	12 May 2008, 06:39GMT | (c) 2008 Softpedia

Aussies Scammed for $700 Mil
	Falling for online scams is one thing, but putting together statistics about it is plain cruel. Who wants to bask in the other’s misery when his own bank account has been emptied in the same way? Be that as it may, the number is big enough to require some professional care, and that’s why the Australasian Consumer Fraud Taskforce has been instituted. Their event in full swing by now is the Fraud Fortnight, aimed at raising awa ... [read more >>]
	28 February 2008, 17:06GMT | (c) 2008 Softpedia

Biggest-ever Spanish Probe into Internet Fraud
	Internet crime is very alluring because it is fairly easy to commit and it doesn’t take the mastermind planning required to rob a bank. It’s mostly a routine job of going through credit card numbers and transacting from others’ accounts into their favor or promising items that you don’t have and then disappearing into the blue with the money. It’s not really that easy, but it’s got no kicks to it other than the law kicking your b ... [read more >>]
	11 February 2008, 06:50GMT | (c) 2008 Softpedia

Colombian Credit Card Fraudster Pleads Guilty
	Mario Simbaqueba Bonilla, a 40-year-old man from Colombia, has pleaded guilty to a 16-count indictment involving a complex computer fraud scheme, victimizing over 600 people, the US Department of Justice announced in a news release. The Colombian citizen managed to steal money from victims' bank accounts and bought all kinds of luxury goods and electronics. Simbaqueba Bonilla was arrested by the federal agents in August 2007 ... [read more >>]
	11 January 2008, 15:06GMT | (c) 2008 Softpedia

2008 to Come with Many More Computer Infections
	2008 is that kind of year that will come with numerous new computer infections, which may address some unexploited sides of our systems, Panda Security said in a forecast rolled out today. If Mac OS X is one of the secure operating systems available out there, the things are going to be changed anytime soon, the experts believe. More and more threats will target Mac systems and VoIP technologies, the platforms that were often avo ... [read more >>]
	21 December 2007, 14:06GMT | (c) 2008 Softpedia

Facebook Woman Loses Money in Online Fraud
	Following the recent attacks involving social networking service, a new scam, which appears to be a threat for all of us, was reported by "The Local". According to this source, the Swedish woman was tricked to provide her financial details, which were then used by the attackers to steal her money. The entire operation was conducted through the popular social network Facebook, which has millions of registered users all o ... [read more >>]
	12 December 2007, 08:27GMT | (c) 2008 Softpedia

Romanians Sent to Prison for Online Fraud
	Sorin Pascu, 22-year-old, and Marius Braditeanu, both from Romania, were sentenced a few days ago, after they were arrested in July for an online phishing scam. Sorin Pascu will spend his next five and a half years in prison, while Marius Braditeanu, who was also the head of the illegal activity, got a six years in jail sentence, PC World reported today, citing the Italian publication "Il Giornale". The two Romanians we ... [read more >>]
	12 December 2007, 05:20GMT | (c) 2008 Softpedia

Valid Credit Cards Leaked On Web
	Credit cards reached the web. The folks at SpywareGuide wrote that details about approximately 150 credit cards were published on a Warez forum along with all the information a fraudster would need to use the money. The weird aspect of the leakage was that the credit cards were posted by an unexperienced carder, as he posted all sorts of details about him. "The big giveaway is that he happily posted all this information with ... [read more >>]
	10 December 2007, 04:21GMT | (c) 2008 Softpedia

Get a Free Wii on eBay ... if You're Lucky
	"This is either a major deal or a connery" you might be thinking right now. Who would do such a thing when it's almost Christmas time? It's probably one of those eBayers who likes to take advantage of the Wii shortage and promises all of us a free Wii... with ... [read more >>]
	06 December 2007, 03:07GMT | (c) 2008 Softpedia

How About Buying 30,000 Credit Cards for 1 Pound Each?
	A few weeks ago, a security researcher managed to prove us that a huge number of credit cards could be bought online at very low prices. And today, The Times confirms this issue, as the publication has managed to access numerous samples of stolen data, supposed to convince the users to buy a bigger pack of det ... [read more >>]
	03 December 2007, 03:40GMT | (c) 2008 Softpedia

Cisco Brazil Chief Suspended for Tax Evasion
	Cisco Systems had to pull out chief Carlos Roberto Carnevali after he was charged with tax evasion of up to $845 million in import duties and other taxes. The evasion had been the subject of an internal investigation and revealed that Carnevali and 15 other employees of Cisco Systems worked with distributor Mude Comercio e Servicos to elaborate a complex tax-evading scheme. Cisco officials stated that they had terminated the chairman b ... [read more >>]
	26 November 2007, 06:32GMT | (c) 2008 Softpedia

Extremely Dangerous eBay Attack in Progress
	Why would you want to do that? I guess every user who visits eBay looking for a car wants all the information he requests in order to be sure the Jeep he buys is a not a fake. But a recently discovered scam provides all kinds of information, including images and other type of content, but it actually aims to steal users’ money through a dangerous Trojan. Here’s how it works as it was described by the folks at Symantec: the attack ... [read more >>]
	15 November 2007, 03:20GMT | (c) 2008 Softpedia

Interested In Buying Porn Using Your Employer's Money?
	Bradley Gilbert, a 20-year-old man from Bethlehem, was sent to prison for money fraud after he used his ex-employer's bank account to access pornographic content, The Morning Call reports today. In case you're saying this is no big deal, you should know that Mr. Gilbert spent no less than $3,196 on the adult pages on which he conducted no less than 107 operations. The entire fraud was recorded between May and October 20 ... [read more >>]
	14 November 2007, 06:08GMT | (c) 2008 Softpedia

How to Get $4 Million and 6 Years in Jail
	A US court accused no less than 17 persons of identity theft, credit card fraud and other illegal activities conducted and promoted with the help of the Internet, Reuters reported today. According to the same source, a corporation is also involved in the case. It appears that the fraudsters obtained no less than $4 million using approximately 95,000 stolen credit card numbers but the prosecutors managed to end the case after a 2- ... [read more >>]
	09 November 2007, 03:08GMT | (c) 2008 Softpedia

False Positives Make Crime Go Unpunished!
	That’s the usual case – when the Police receives too many complaints, some get unnoticed and some criminals remain unpunished. Some people panic too much and send the Police a lot of notifications regarding suspicious activities. For example, up to 300.000 Suspicious Activity Reports (SARs) are filed every month in the U.S., and up to 200,000 a year in the U.K, as I’ve seen on ComputerWorld’s site. You can imagine that with the w ... [read more >>]
	27 September 2007, 04:46GMT | (c) 2008 Softpedia

Greetings! You Got Hacked!
	You know e-cards, you’ve probably sent a lot of them in your life – I sure sent my share of those. People like them and always enjoy getting one. But if you’ve read this year’s cyber-security news, then you know that cyber-crooks have been using these cards for attacks. Besides the fact that this is very low, as people are unsuspecting about these cards, it’s also efficient. But what about the real e-cards? Well, it seems that pe ... [read more >>]
	19 September 2007, 08:09GMT | (c) 2008 Softpedia

New eBay Security Measure Deemed Useless
	eBay just came up with something new to protect their customers. To me, this measure does not mean too much, but that’s just my opinion. You decide for yourself if it’s any good. What they just did is increase buyer protection to £500. That would be nice if it were to protect you in any situation, but they have curbed this a bit. If you buy from a qualified seller (what most of us will call a "trusted user") and your pr ... [read more >>]
	18 September 2007, 10:08GMT | (c) 2008 Softpedia

84-Year-Old Still Uses Internet and Gets Scammed Too
	It’s one thing to outsmart an elder, but to do that and gain profit of it, well, that’s illegal. This is the case of Toluwalade Alonge Owolabi which scammed an 84-year-old via the Internet – he has been caught by the Police and charged with fraud. It all happened in Canada and not in Africa, as you would expect after reading the culprit’s name. But it has something to do with the Black Continent – Owolabi, 36, living in Toront ... [read more >>]
	14 September 2007, 03:07GMT | (c) 2008 Softpedia

Stolen Data Results in Huge Fraud
	There have been many news items earlier this year about the huge data breach that hit retailer giant TJX. Hackers had been stealing sensitive information for a few months, so it’s easy to imagine how hard the blow was. Costs were huge on the company side, after the hack has happened, and I’m talking about millions of dollars here! People had been announced of what has happened so that they would know how to act should a proble ... [read more >>]
	12 September 2007, 06:48GMT | (c) 2008 Softpedia

UK Great Hackers Come From... a Small Fishing Village...
	As you may or may not know, the United Kingdom is home to some of the greatest hackers the world has seen. London is the biggest hacker colony in England, but guess who else is on the same list! Iiiiiit's Brighton!!! I've never heard of it until now, but as I've seen on The Argus this little town is ranked as number 6 in the UK for Internet fraud. Initially I couldn't believe this so I went and searched for ... [read more >>]
	05 September 2007, 10:38GMT | (c) 2008 Softpedia

Young Hacker Jailed
	Young people hacking computers and scamming others on the Internet are starting to become more and more numerous. Cyber-crime is a lot easier to commit than real life crime, it's more at hand to fraud people on eBay than to steal money directly from their pockets, that's because fooling people on the Internet is not such a hard thing to do. 20-year-old Phillip Shortman from Cwmbran, south Wales is not new to cyber-cr ... [read more >>]
	22 August 2007, 07:48GMT | (c) 2008 Softpedia

Too Tired to Learn for Exams? No More Cheating Allowed!
	The folks from Blackboard managed to build a revolutionary software solution that is meant to stop the student fraud and detect the copied content used in papers and exams. Since most of students gained access to the Internet, plagiarism boomed as almost any paper work could be found on the web. The only problem was that is was created by somebody else so it wasn't an original project. The teachers and the universities from ... [read more >>]
	15 August 2007, 05:07GMT | (c) 2008 Softpedia

Hey Everybody, We're in Danger! Somebody Call 419 Scam!
	A new scam campaign that affected a 49-year-old Australian man was finally stopped after no less than six men were arrested by the Dutch police. Security company Sophos reported that the cybercriminals managed to steal approximately $1.5 million by tricking the victim with a $90 million fake contract. According to the reports, five of the men involved into the malicious attempts were from West Africa and tried to obtain private f ... [read more >>]
	13 August 2007, 06:47GMT | (c) 2008 Softpedia

Gone Phishing
	It has been a while now since phishing became the trendiest online threat. Although there have been taken measures against this type of scam, there are still plenty of victims out there. The bad part is that the victim cannot blame anyone but him/herself for the theft. Authorities are doing their best in catching the perpetrators and reducing the number of attacks, but in the end, it all resumes to the users' observation skills. Fo ... [read more >>]
	21 July 2007, 08:42GMT | (c) 2008 Softpedia

Credit Card Fraudsters: the Beginning of the End!
	The U.S. Secret Service managed to arrest 4 persons involved in a dangerous criminal gang from Florida that stole no less than 200.000 credit cards. It seems like they obtained approximately $75 million from the credit card frauds but they quickly redirected the money to other destinations as the investigators discovered only $10.000 in cash and a handgun. According to PC World, the four members were an important part of a huge g ... [read more >>]
	10 July 2007, 10:57GMT | (c) 2008 Softpedia

Credit Card Fraudsters Steal and Donate the Money
	A new technique to steal credit cards and remain unidentified is spreading on the Internet, numerous attackers preferring to donate money to charity in order to verify the validity of the cards. This is quite an interesting method to avoid identification because the banks and the authorities are often ignoring the charity donations so it's a little bit more difficult to block a certain card for unauthorized use. According to ... [read more >>]
	09 July 2007, 09:12GMT | (c) 2008 Softpedia

European Hackers Sent to Jail
	Five people from the Eastern Europe were sentenced to jail after they were found guilty for the largest UK credit card fraud. The gang was led by Roman Zyking, a Russian immigrant who received no more than five and a half years in prison while his wife was sentenced to six months in jail. According to Viruslist, the five people managed to steal 17 million pounds using credit card accounts, most of them being registered in the US. It seems ... [read more >>]
	14 May 2007, 09:16GMT | (c) 2008 Softpedia

Extra, Extra, Read All About It: Fraud, They Wrote
	Easy money has always been the basic preoccupation of some people. Fast money is an appealing deal for some regardless of its (in)compatibility with the law. And as Internet is still an X factor for many, those that know how to handle it benefit from the naivety of others. The Internet is the home of billions of websites, some of them abandoned, others quite active and prosperous. Among the many things Internet made available, e-commerc ... [read more >>]
	26 April 2007, 10:55GMT | (c) 2008 Softpedia

No More or Less Roaming Frauds
	Fair Isaac Corporation, one of the leading providers of analytics and decision management technology, and Optel Informatik, a German systems supplier for the telecommunications market, recently announced the mobile industry's first Near Real-Time Roaming Data Exchang ... [read more >>]
	13 March 2007, 11:05GMT | (c) 2008 Softpedia

Where The F**k Do The Magnets Fit In?
	OK, this is a tough one and quite uncanny: really weird. I mean, how can someone win the CES 2007 Best Innovation award and yet be so scarce in actually saying something about the device in question. It's the case of German Furutech company and its supposedly revolutionary device, Demag. OK, so what Demag does (or it is said to be doing) is demagnetize your CDs, DVDs, cables and vinyls. So far so good, but I just say to m ... [read more >>]
	02 March 2007, 09:41GMT | (c) 2008 Softpedia