Tag Archives: Cyber crime

Cyveillance Finds Targeting of New Brands Up 50 Percent

Cyveillance, a leader in cyber intelligence, announced its findings that cyber criminals are having greater success by using increasingly sophisticated techniques. Phishing remains one of the top threats according to Cyveillance’s “2H 2009 Cyber Intelligence Report.” Panos Anastassiadis, COO of Cyveillance, said “Cyber criminals are focusing their efforts on developing …

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Microsoft Uses Courts to Take Down Botnet

Microsoft and the Botnet Task Force have struck again, and this time against one of the United States largest spam producers. Microsoft petitioned the U.S. courts for a take down order against domains associated with the Waledac botnet. The order, which was granted by the court, allows traffic to be …

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Cyber Criminals Exploit Olympics

Cyber criminals often utilize the latest popular search trends in an effort to spread malware. This has most recently been seen with the Olympic Games. Cyber criminals have used Twitter and search engine optimization (SEO) tactics to promote fake videos with malware that purport to be of the Olympics. Following …

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Researchers Find Massive Botnet

Security researchers with NetWitness Corp. have discovered a massive botnet which includes at least 75,000 infected computers at 2,500 companies and government agencies throughout the world. The Kneber botnet has been used by cyber criminals to acquire login credentials for email systems, financial and social networking sites. The Kneber botnet …

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Cyber Scammers Beware, the British are Coming

The British government has launched a counter cyber scam team and plans to invest 4.3 million pounds within the next three years to combat cyber scams. Online scams, usually initiated via email, currently hit 3 million victims in the UK per year for a total loss of 3.5 billion pounds, …

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Highly Sensitive Info Available via P2P

Peer-to-peer networks can be useful to increase the rate and volume of information exchange. However, this also has its drawbacks as two security researchers demonstrated at the ShmooCon conference over the weekend. Larry Pesce and Mick Douglas took a look at the information individuals send via P2P applications and found …

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Nigeria Looks to Dissuade Cyber Crime through Song

Nigeria is home to some of the most prolific levels of cyber crime. In an effort to dissuade Nigerians from engaging in cyber crime, the Nigerian government, in partnership with Microsoft, has released a song and video titled “Maga Need No Pay.” The video references a number of slang terms …

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Need a Job? Cyber Criminals are Hiring…

Everyone agrees the present job market is tough as unemployment in the United States is in the double digits. Well, cyber criminals are stepping into the gap, seeking to hire individuals willing to infect computers with malware, according to an article on RedOrbit.com. Two cyber criminal organizations that have previously …

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The Sophisticated Hacker

Earlier, The New New Internet reported that cyber criminals used legitimate company names and logos in an attempt to recruit ‘money mules.’ Hackers are launching increasingly sophisticated attacks against social networking users but utilizing profiling and geolocation, according to researchers at the Kaspersky Lab. As users have become more wary …

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Texaco Looking for Money Mules?

While cyber criminals often create false companies to recruit ‘money mules,’ or individuals to move stolen funds for them, sometimes they choose to use established companies instead. Often the recruited money mules do not even understand that they are participating in cyber crime. According to researchers at F-Secure, a recent …

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Bank Sues Victim over Cyber Theft

PlainsCapital Bank in Texas is suing Hillary Machinery Inc after the customer was hit by a cyber theft of $800,000. Late last year, hackers in Italy and Romania conducted a series of unauthorized wire money transfers of around $800,000, of which PlainsCapital Bank recovered around $600,000. The victim proceeded to …

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