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Articles about cybercrime

Shields Up!: Cybecrime and security in the news

by Sue Walsh on Sep 29, 2009 at 06:03 PM

There have been quite a few security issues in the news this past week.  Let’s take a look at some of the top stories:  Hackers wasted no time in exploiting the release of the much anticipated MMS functionality for the iPhone.  AT&T finally made it available on Friday (September 25,… Continue Reading »

Construction firm loses over $500,000 to hackers and blames bank

by Sue Walsh on Sep 24, 2009 at 04:15 PM

A Maine construction firm had nearly $600,000 stolen from its bank account and is suing the bank, claiming they are to blame for not monitoring accounts more closely. Hackers hit Patco Construction Co.’s bank account at Ocean Bank of Delaware (also known as People’s United Bank) in May, ripping off… Continue Reading »

Scammers post fake job ads; prey on unemployed

by Sue Walsh on Aug 6, 2009 at 05:16 PM

A new online scam targets the hundreds of thousands of unemployed people who use the net to job hunt and those who use it to fill job vacancies.  Scammers are posting fake job ads on Craigslist and the big job sites such as Monster.com and Careerbuilders and then taking the… Continue Reading »

New Clampi Trojan is “ferocious” says experts

by Sue Walsh on Jul 30, 2009 at 05:02 PM

Experts are warning of a new Trojan that is so sophisticated it’s being called “ferocious.”  The Clampi Trojan has infected up to 1 million computers and is stealing massive amounts of financial data.  The Trojan’s botnet is so huge and the Trojan itself so cloaked in encryption it’s nearly impossible… Continue Reading »

Shields Up!: Malware and the recession

by Sue Walsh on Jul 7, 2009 at 08:38 PM

Security experts have found a silver lining in the recession: it’s hitting cybercriminals hard too, leading to a drop in malware. That’s right; there really are hard times all over.  A German security firm has released a report showing a 30% drop in unique malware signatures and says it’s no… Continue Reading »

Got $50?  Then you, too, can be a cybercriminal!

by Sue Walsh on Jun 17, 2009 at 05:08 PM

Interested in a life of cybercrime?  All it takes is $50.  Researchers at security firm Finjan have discovered that a site called “Golden Cash” is doing a bustling business in the buying and selling of infected computers.  A small botnet of 1,000 malware infested PCs goes for just $50.  That’s… Continue Reading »

Court shuts down ISP

by Sue Walsh on Jun 4, 2009 at 06:25 PM

A U.S. judge has shut down an ISP after FTC complaints that it offered a haven to spammers, child pornographers, hackers, and more.  ISP Pricewert, also known as 3FN and APS Telecom has been disconnected from the net. The FTC claimed the ISP deliberately advertised to malware distributors, botnet servers,… Continue Reading »

Shields Up!: Ransomware

by Sue Walsh on May 26, 2009 at 05:34 PM

Imagine being on your computer one day, minding your own business, surfing the web-and then suddenly finding yourself locked out of your own computer!  A message pops up on your screen saying control will be returned to you-for a price.  It might even tell you dire things will happen to… Continue Reading »

Hackers hit by the recession turn to the mob

by Sue Walsh on Apr 20, 2009 at 05:04 PM

A study by Verizon Business revealed that organized crime was behind more than 90% of all data breaches.  The company investigated 90 data breaches that exposed over 280 million records. Matthijs van der Wel, manager principal forensics EMEA, at Verizon Business Security Solutions, outlined the typical scenario for data losses. … Continue Reading »

UK police bust website dealing in stolen credit cards

by Sue Walsh on Oct 20, 2008 at 12:00 PM

Law enforcement officials in the UK have shut down an underground website that specialized in helping cybercriminals commit their crimes.  The site, called DarkMarket, was kept secret and access was granted by invitation only.  Its forum allowed cyberthieves to buy and sell stolen banking details and credit card numbers obtained… Continue Reading »

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