Not long ago, most companies whose brands were being abused in phishing scams focused their efforts mainly on shuttering the counterfeit sites as quickly as possible. These days, an increasing number of phished brands are not only disabling the sites, but also seizing on the opportunity to teach would-be victims how to spot future scams.
Microsoft Corp. and Adobe Systems each released security updates on Tuesday. Microsoft issued two “critical” patches that address one security flaw apiece, while Adobe’s patches fix a whole mess of serious vulnerabilities in its software. One of the critical updates… Read More »
The FBI’s top anti-cyber crime official today said the agency is planning a law enforcement action against so-called “money mules,” individuals willingly or unwittingly roped into helping organized computer crooks launder money stolen through online banking fraud. Patrick Carney, acting… Read More »
Last week I traveled to Cooperstown, N.Y. to deliver a keynote address about the scourge of online banking fraud that I’ve written about so frequently this past year. I flew into Albany, and in the short, 60 minute drive west to Cooperstown, I passed through tiny Duanesburg, a town whose middle school district is still out a half million dollars from e-banking fraud. On my way to Cooperstown, I also passed within a few minutes of several other recent victims — including a wrecking firm based on Schenectady that lost $70,000 last month when organized thieves raided its online bank account.
Visa on Friday warned banks that it has received reliable intelligence that an organized criminal group plans to attempt to move large amounts of fraudulent payments through a merchant account in Eastern Europe over the weekend.
ATM skimmers, or devices that thieves secretly attach to cash machines in order to capture and ultimately clone ATM cards, have captured the imagination of many readers. Past posts on this blog about ATM skimmers have focused on their prevalence and stealth in attacking cash machines in the United States, but these devices also are a major problem in Europe as well.
A new commercial software program marketed to employers, parents and suspicious spouses lets customers surreptitiously monitor their Apple iPads remotely and view a record of all e-mail and Web use on the devices. The software-as-a-service is the latest offering from… Read More »
The makers of the Opera Web browser are urging users to apply an update that fixes what the company described as an “extremely severe” security flaw in Windows and Mac versions of the software. The vulnerability is fixed in the… Read More »
Luis Coronns spent much of the last year helping Spanish police with an investigation that led to the arrest of three local men suspected of operating and renting access to a massive and global network of hacked computers. Then, roughly 60 days after their arrest, something strange happened: Two of them unexpectedly turned up at Coronns’ office and asked to be hired as security researchers.