fraudulent
FBI Says ‘Money Mule’ Scams Now Top $100 Million
The hackers looting bank accounts of small and mid-sized businesses around the county are hitting new victims every week, and have now racked up approximately $100 million in attempted losses, the FBI said Tuesday. “The infection vector has not been determined in every case,” the bureau’s Internet Crime Complaint Center wrote in an intelligence note on the growing scam. “However, FBI analysis has identified more than two dozen different pieces of malware on the compromised account holders’ computers all containing key loggers.” Using these Trojan horses, cybercrooks have been intercepting victims’ web-banking credentials and then initiating money transfers to mules around the country.
Continue reading »Top Security Firm RSA Tries to Silence Blog
RSA security, one of the top security firms in the country, has sent takedown notices to a blogger and his hosting company in an effort to silence his discussion of a vulnerability found on a bank web site that RSA helps monitor, according to the blogger. The firm has accused the blogger of trademark infringement — a common tactic of companies like Wal-Mart and Farmers Insurance Group to silence criticism — and of running a “fraudulent” web site that misleads the bank’s customers. In its efforts to shut down the blog, RSA even claimed that the blogger’s site could become “a host of phishing and other fraudulent scams against the bank clients” — according to a company correspondence posted by blogger Scott Jarkoff.
Continue reading »