The owner and curator of bobbear.co.uk, a site that serves as one of the Internet’s most active and thorough index of fraud-related Web sites, announced Saturday that will he will be shuttering the site at the end of April.
A rash of home foreclosures and abandoned dwellings had already taken its toll on the tax revenue for the Village of Summit, a town of 10,000 just outside Chicago. Then, in March, computer crooks broke into the town’s online bank account, making off with nearly $100,000.
One bit of criticism I’ve heard about my stories on small businesses losing their shirts over online banking fraud is that I don’t often enough point out what banks and customers should be doing differently to lessen the chance of suffering one of these incidents. As it happens, a source of mine was recently at a conference where one of the key speakers was a senior official from the Office of the Comptroller of the Currency, one of the main banking industry regulators.
An Arkansas public water utility and a New Jersey town are the latest victims of an organized cyber crime gang that is stealing tens of millions of dollars from small to mid-sized organizations via online bank theft. On Thursday, officials… Read More »
I asked or simply polled some of the most vigilant sources of this information for their recent data, and put together a rough chart indicating the Top Ten most prevalent ISPs from each of their vantage points. ISPs or hosts that show up more than others on these various lists are color-coded to illustrate consistency of findings (click the image to enlarge it). The trouble is, all of these individual efforts map badness from just one or a handful of perspectives, each of which may be limited in some way by particular biases, such as the type of threats that they monitor. For example, some measure only phishing attacks, while others concentrate on charting networks that play host to malicious software and botnet controllers.
Last week, security experts launched a sneak attack against Troyak, an Internet service provider in Eastern Europe that served as a gateway to a nest of cyber crime activity. For the past seven days, unnamed members of the security community reportedly have been playing Whac-a-Mole with Troyak, which has bounced from one legitimate ISP to the next in a bid to reconnect to the global Internet. But experts say Troyak’s apparent hopscotching is in fact the expected behavior from a carefully architected, round-robin network of backup and redundant carriers, all designed to keep a massive organized criminal operation online should a disaster like the Troyak disconnection strike.
Security experts are tracking a massive drop in the global number of control servers for various ZeuS botnets that are online, suggesting that a coordinated takedown effort may have been executed by law enforcement and/or volunteers from the security research community acting in tandem.
Organized cyber criminals stole more than $25 million from small to mid-sized businesses in brazen e-banking heists in the 3rd quarter of 2009 alone, federal regulators said last week. In contrast, traditional stick-up artists hauled less than $9.5 million out of U.S. banks over that same time period last year.
Microsoft Corp. has a message for Windows 2000, XP and Server 2003 users: If you browse the Interwebs with Internet Explorer 6, 7, or 8, take care to ignore any prompts that ask you to hit the F1 key on… Read More »
Criminals are spamming the Zeus banking Trojan in a convincing e-mail that spoofs the National Security Agency. Initial reports indicate that a large number of government and military systems may have been compromised by the attack.
