Monthly Archives: March 2011

Green Skimmers Skimming Green

March 11, 2011

To combat an increase in ATM fraud from skimmer devices, cash machine makers have been outfitting ATMs with a variety of anti-skimming technologies. In many cases, these anti-skimming tools take the shape of green or blue semi-transparent plastic casings that protrude from the card acceptance slot to prevent would-be thieves from easily attaching skimming devices. But a surprising number of incidents, skimmer scammers have simply designed their skimmers to look exactly like the anti-skimming devices.

ChronoPay’s Scareware Diaries

March 3, 2011

If your Microsoft Windows PC was attacked by fake anti-virus or “scareware” in the past few years, chances are good that the attack was made possible by ChronoPay, Russia’s largest processor of online payments.

Tens of thousands of documents stolen and leaked last year from ChronoPay offer a fascinating view into a company that has artfully cultivated and profited handsomely from the market for scareware, which hijacks victim PCs with fake security alerts in a bid to frighten users into paying for worthless security software.

Renewal Buddy: Comparison Shopping for Anti-Virus Software

March 2, 2011

The anti-virus industry has long drawn its biggest share of profits from loyal customers, extracting full-price for the software from existing customers seeking license renewals while steeply discounting their products for new users. But a new comparison shopping site makes it simple for renewing customers to take advantage of these introductory deals, or to switch to a competing product for a hefty price reduction.