Category: Scams and Hoaxes

The future of malware: Trojan horses – CNET News.com

The future of malware: Trojan horses | CNET News.com For more info click on above link MONTREAL–Some of the most dangerous cyberattacks are the least visible ones. Widespread worms, viruses or Trojan horses spammed to millions of mailboxes are typically not a grave concern anymore, security experts said at the Virus Bulletin conference here Thursday. Instead, especially for organizations, targeted Trojan horses have become the nightmare scenario, they said.

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Online brokerage account scams worry SEC | CNET News.com

Online brokerage account scams worry SEC | CNET News.com For more info click on above link High-tech crooks are hijacking online brokerage accounts by using spyware and operating from remote locations, sometimes in Eastern Europe, U.S. market regulators said on Friday. The computer “incursions” are a growing problem, said Walter Ricciardi, deputy enforcement director at the U.S. Securities and Exchange Commission. “It’s something we’re very concerned about,” he said in remarks at a legal conference in Washington. About 25 percent of U.S. retail stock trades are made by online investors through roughly 10 million online accounts, according

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Phishers hijack IM accounts – CNET News.com

Phishers hijack IM accounts | CNET News.com For more info click on above link In a twist on phishing, cybercrooks are hijacking instant-messaging accounts to lure people to their information-thieving Web sites. Traditional phishing scams send out spam e-mail that contain links to fraudulent Web sites. These sites try to trick people into giving up sensitive information, such as credit card details, Social Security numbers or login credentials for online services. In a tactic that includes an arsenal of online weapons, scammers are now also commandeering IM accounts to spread their bait. The barrage of attacks used

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Security expert: User education is pointless – CNET News.com

Security expert: User education is pointless | CNET News.com For more info click on above link MONTREAL–Forget about teaching computer users how to be safe online. Users are often called the weakest link in computer security. They can’t select secure passwords, and they write down passwords and give them out to strangers in exchange for treats. They use old or outdated security software, can’t spell the word “phishing,” and click on all links that arrive in e-mail or instant messages, and all that appear on the Web. That’s the reality, Stefan Gorling, a doctoral student at the

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Pretexting hearing turns to wireless execs – CNET News.com

Pretexting hearing turns to wireless execs | CNET News.com For more info click on above link WASHINGTON–Politicians on Friday shifted their crusade against “pretexting” for personal phone records from Hewlett-Packard leaders to major wireless carrier representatives, and signaled again their intention to pass new laws outlawing the practice. Although they still hope to pass additional legislation that would expressly outlaw obtaining phone records through impersonation or other fraudulent means, members of a U.S. House of Representatives oversight and investigations panel said Congress ultimately has limited ability to curb the shady spying technique. Phone companies must also step

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U.S. joins European cybercrime convention – CNET News.com

U.S. joins European cybercrime convention | CNET News.com For more info click on above link The U.S. government has embraced European legislation meant to help the global fight against cybercrime. The Council of Europe Convention on Cybercrime calls on countries to coordinate international law to investigate and prosecute online criminal activity. The convention has now been signed by 43 EU member states and 15 other parties, including the U.S. It will come into U.S. law on Jan. 1.

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E-cards used in data-thieving scam | CNET News.com

E-cards used in data-thieving scam | CNET News.com For more info click on above link Cybercrooks are using e-cards that appear to come from a secret admirer in a scam to collect sensitive personal information, a security expert has warned. Data including credit card numbers, online banking credentials, and log-in names and passwords of thousands of individuals from Australia and the U.S. has already been collected in the scam, Roger Thompson, chief technology officer at security software maker Exploit Prevention Labs, said in an interview Wednesday.

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Online criminals step up phishing scams | CNET News.com

Online criminals step up phishing scams | CNET News.com For more info click on above link Criminals are increasingly trying to trick citizens into giving them their bank account details, according to a survey published on Monday that showed such phishing attempts almost doubled in the first six months. More than 157,000 unique phishing messages were sent out around the world in the first half of 2006, an increase of 81 percent compared with the six-month period to end-December 2005. Each message can go to thousands or hundreds of thousands of consumers, according to the bi-annual Internet

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Google plugs phishing hole – CNET News.com

Google plugs phishing hole | CNET News.com For more info click on above link Google has acknowledged the presence of a phishing hole on its Public Service Search application and has blocked access to the service until the problem is fixed. The problem went public when blogger Eric Farraro posted details on Thursday on his software development blog. Farraro said that the customizable code in Google’s Public Service Search, which enables nonprofit institutions like universities to install ad-free Google search functions on their Web sites at no cost, could be used to create a page hosted on

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Symantec updates Norton products – CNET News.com

Symantec updates Norton products | CNET News.com For more info click on above link Symantec on Tuesday announced Norton AntiVirus 2007 and Norton Internet Security 2007, updated versions of the company’s widely used security software for consumers. Slated to be available later this month, both products have been updated to provide better protection and system performance, Symantec said in a statement. Norton AntiVirus 2007 protects against viruses, spyware and related risks. Norton Internet Security 2007 is a suite that includes antivirus and anti-spyware protection and adds a firewall, intrusion prevention, and for the first time includes a

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Phishers catch on to the Net’s ‘long tail’ – CNET News.com

Phishers catch on to the Net’s ‘long tail’ | CNET News.com The number of brands exploited by online con artists grew to a record 154 in July, according to a report from the Anti-Phishing Working Group. The study, released on Monday, showed that the number of brands under attack from phishing was up 20 percent from June and 12 percent from the previous record in May. The APWG findings indicate that scammers are no longer content to exploit only the best-known brands. The top 80 percent of scams were concentrated on 15 brands, according to the report.

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Virginia court upholds antispam law – CNET News.com

Virginia court upholds antispam law | CNET News.com For more info click on above link The Virginia Court of Appeals upheld a state antispam law on Tuesday by affirming the conviction of the first person in the United States to face prison time for spamming. Jeremy Jaynes was convicted in November 2004 of sending out bulk e-mails with disguised origins and being in possession of a stolen database of more than 84 million AOL subscribers’ addresses. He was sentenced to nine years in prison. Judge James W. Haley Jr. released an opinion (click for PDF) on behalf

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Yahoo adds phishing shield – CNET News.com

Yahoo adds phishing shield | CNET News.com For more info click on above link Yahoo is testing a new security feature that lets users customize their login page, a measure designed to thwart information-thieving phishing scams. The feature requires people to create a unique “sign-in seal” on a specific PC. This seal–a text message or photo–will be displayed on the Yahoo login page when visited with that computer, according to a description of the feature on Yahoo’s Web site.

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Qwest calls for mandatory data retention laws – CNET News.com

Qwest calls for mandatory data retention laws | CNET News.com For more info click on above link ASPEN, Colo.–Broadband company Qwest Communications International on Tuesday strongly endorsed federal legislation requiring Internet providers to keep records of their customers’ behavior, a move that could accelerate efforts in Congress to enact new laws. Jennifer Mardosz, Qwest’s corporate counsel and chief privacy officer, applauded efforts by politicians to force broadband providers to engage in so-called “data retention,” which Attorney General Alberto Gonzales said will aid in terrorism and child exploitation investigations. This appears to be the first time a broadband

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Veterans Affairs to protect data on laptops – CNET News.com

Veterans Affairs to protect data on laptops | CNET News.com For more info click on above link One week after news that another computer from the U.S. Department of Veterans Affairs had gone missing, the agency announced plans to beef up safeguards on all of its machines. In the next week, the agency plans to begin installing data encryption software on its laptop and desktop machines, VA Secretary R. James Nicholson said Monday. Data on portable media such as flash drives and CDs will also be protected. “A system-wide encryption program will be a tremendous step forward

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