03.22.06
Posted in security, privacy, fraud, hacking at 5:44 pm by HowardG
Cyber-attacks, hacks, and acts of online vandalism perpetrated by loners in attempts to direct attention to themselves were at one time the biggest threat companies had to worry about. For those individuals, breaking into a company’s network produced no direct gain. Instead, they did it for the glory of becoming a cyberspace anti-hero, or at least to relieve the boredom of their humdrum lives. But today, those misguided fools are the least of a company’s network security worries. Malicious attacks are increasingly being carried out for very specific reasons. Cyber criminals are using bot-nets, denial-of-service extortion attacks, and sophisticated identity theft techniques for financial gain. Read the rest of this entry »
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03.01.06
Posted in security, privacy, fraud at 11:27 am by HowardG
The Internal Revenue Service released what it calls its “Dirty Dozen” list of tax scams for 2006 this month (http://www.irs.gov/newsroom/article). The scams range from tax filers making frivolous claims that income tax is illegal, to misuse of trusts and offshore transactions. While most of the top twelve involve fraud perpetrated by taxpayers, number three on the list is phishing, a scam whereby an identity thief attempts to take advantage of an innocent taxpayer and obtain personal financial data.
According to the IRS, criminals using phishing attacks sometimes pose as IRS representatives to gain the trust of an individual taxpayer. Typically, the scam revolves around a fictitious e-mail correspondence sent out, which appears to be from the IRS. Read the rest of this entry »
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07.14.05
Posted in identitytheft, fraud at 4:06 pm by Jordana
The Computer Crime and Security Survey conducted by Computer Security Institute (CSI) released its tenth annual report today amidst growing instances of security threats in the financial services industry. Read the rest of this entry »
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07.12.05
Posted in security, identitytheft, fraud at 4:31 pm by DarrenS
Bank of America has taken many proactive steps in the past to counter the threat of online banking frauds. With an online banking customer base of 13.2 million, Bank of America needs to exercise extra caution. So in a recent move, it has decided to roll out a robust security system that it believes will be difficult to breach. Read the rest of this entry »
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06.07.05
Posted in security, identitytheft, internet, fraud at 8:40 am by DarrenS
Computer Security Institute of San Francisco, with the help of the Federal Bureau of Investigation’s local Computer Intrusion Squad, conducts an annual survey, Annual Computer Crime and Security Survey. Read the rest of this entry »
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04.07.05
Posted in security, identitytheft, internet, fraud, email at 8:44 pm by HowardG
Phishing – one of the greatest computer security threats is gaining prominence and with this, organizations are carving out separate line items in their budgets to counter the security threats. The computer security industry is also innovating with new software to counter the threat. Read the rest of this entry »
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05.14.04
Posted in security, identitytheft, microsoft, fraud, email at 5:16 pm by Jessica
It sounds like my favorite pastime. It looks like some kind of dance the kids might do at a rock concert. But in reality, it’s much, much worse. Phishing is the newest fad in identity theft. And who’s to blame? It might just be you. Read the rest of this entry »
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