Tag Archives: Cyber crime

Borneo Sees Spike in Cyber Crime

Borneo saw 7,404 reported incidents of cyber crime in the first half of 2011 —  a 147 percent increase compared to the same period last year, Bernama reports. Deputy Minister of Science, Technology and Innovation Datuk Fadillah Yusuf said as more people begin using the Internet, issues and threats — …

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Malaysia, UK Sign Agreement to Fight Cyber Crime

The executive branch of Malaysia’s government has decided to sign a memorandum of understanding with the United Kingdom to work together to battle cross-border crime, including web-based ones, Home Minister Datuk Seri Hishammuddin Tun Hussein said. Prime Minister Datuk Seri Najib Tun Razak is expected to sign the MoU during …

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Cisco: Cyber Crime Not as Profitable Anymore

Cyber crime is not the cash cow it once was, according to Cisco Systems (NASDAQ: CSCO) whose recent research examined the cyber underground. Speaking yesterday at a press event at in San Bruno, Calif., security researcher Pat Peterson said last year saw a turning point in the fight against mass …

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DOJ, FBI Dismantle Global Scareware Ring

The Justice Department and the FBI, along with international law enforcement partners, have announced the indictment of two individuals from Latvia and the seizure of more than 40 computers, servers and bank accounts as part of Operation Trident Tribunal, a coordinated enforcement effort targeting global cyber crime. The operation targeted …

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Japan Institutes Harsher Penalties for Hackers

Japan has reportedly passed new legislation that will impose tougher prison terms for those who create or spread malware, according to Japan Times. Under the new cyber crime bill, those found guilty of creating or distributing malware could get a maximum of three years in prison or approximately $6,250 in …

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Report: Web Hosts Common Target of Phishers

Nearly 40 percent of web hosts were repeat victims of phishing attacks that resulted in the placing of malware on their server platforms, according to a new report by the Internet Policy Committee of the Anti-Phishing Working Group. Thirty-seven percent of respondents said their websites had phishing or spoof sites …

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UK Man Nabbed for Attempted Facebook Hack

A 26-year-old U.K. man was arrested last week after being accused of trying to hack into Facebook, IDG News reports. Few details are known about the alleged incident, but Facebook said last Friday no user information had been stolen and it is working with the FBI and Scotland Yard in …

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New Zealand to Fight Cyber Terrorists, Hacktivists

The government in New Zealand has launched an initiative to stop cyber crime, espionage, online terrorist recruitment and even hacktivism, The New Zealand Herald reports.   Communications Minister Steven Joyce yesterday announced the cybersecurity strategy document detailing the government’s response to a “growing cyber threat.” The strategy calls for the …

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Nevada Man Sentenced to 12 Years for $1.5 M eBay Scam

A 40-year-old Nevada man has been sentenced to 12,5 years in prison and ordered to pay $1.5 million in restitution for defrauding more than 250 persons in an Internet fraud scheme involving high-end appliances. Darin French was convicted Feb. 18, 2011, of 22 counts of mail fraud, 11 counts of …

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Scammers Exploit Treasury Department

It is not unusual for cyber crooks to use various government agencies or officials to legitimize their scams, and now a scheme has emerged that misrepresents the Treasury Department’s Financial Crimes Enforcement Network, according to the FBI’s Internet Crime Complaint Center. Victims report receiving an email claiming to be from …

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