Latest Computer crime Stories

2009-03-31 06:20:00

Complaints of Internet crime rose 33 percent last year over the previous year, the first increase in three years, according to a report released Monday by the Internet Crime Complaint Center (IC3), run by the FBI and the National White Collar Crime Center. There were 275,284 reports of Internet crime in 2008, up from 206,884 in 2007, the annual IC3 report said.  Total year-over-year dollar losses increased 10.8 percent in 2008, reaching a record high of $264.6 million, with an average...

2009-03-25 13:21:00

FAIRFAX, Va., March 25 /PRNewswire/ -- Norman launched today Norman DNA Matching, a new proactive technology and method for identifying the viral profile of all kinds of malicious programs. DNA Matching is unique in its capability to detect programming codes that malware authors reuse to create new viruses. DNA sequences are the building blocks of human DNA profiles. In the same way, computer code and instructions can be seen as the sequences of a program's "DNA." Unlike crime scene...

2009-03-23 06:00:00

SAN JOSE, California, March 23 /PRNewswire/ -- Finjan Inc., a leader in secure web gateway products and the provider of a unified web security solution for the enterprise market, today announced that its Malicious Code Research Center (MCRC) managed to research one of the rogueware affiliate networks, where members make $10,800 a day. In the first issue of its Cybercrime Intelligence Report for 2009, Finjan shows how the rogueware was distributed using search engine optimization (SEO)...

2009-03-19 09:00:00

AT&T Chief Security Officer Tells Senate Committee Cyber-Crime Exceeds Drug Trafficking as the Most Lucrative Illegal Global Business WASHINGTON, March 19 /PRNewswire-FirstCall/ -- AT&T Chief Security Officer Edward Amoroso told a Senate Commerce Committee today that cyber-security threats have increased significantly over the past five years, and are evolving to the point where they pose a significant threat to both private and government institutions. Testifying before the Senate...

2009-03-03 07:15:00

BOISE, Idaho, March 3 /PRNewswire/ -- Kount Inc. will be demonstrating its patented, online crime-fighting technology at the 7th Annual eCommerce Payments and Risk Conference, hosted by the Merchant Risk Council (MRC), March 10-12, at the Wynn Hotel in Las Vegas. As cyber crime continues to spread, resulting in the loss of billions of dollars to eCommerce merchants worldwide, the demand for a robust online fraud prevention tool such as Kount has never been greater. Kount's unique patented...

2008-12-16 04:20:00

MINNEAPOLIS, Dec. 16 /PRNewswire/ -- It seems that no matter what illegal activity is pursued, whether it is pornography, kidnapping, murder, or even terrorism, the so-called criminal masterminds leave a winding but traceable trail of related computer data linking these perpetrators to their crimes. In the current era of escalating crimes involving computer usage, it has become essential that law enforcement has immediate access to potentially critical computer data. Crime waits for...

2008-12-04 11:06:00

BOCA RATON, Fla., Dec. 4 /PRNewswire/ -- SECNAP(R) Network Security Corporation, a leading provider of network and email security solutions, today announced that Michael Scheidell, chief technology officer, has been named Most Valuable Performer for Technology Leadership in 2008. Sponsored by Network Products Guide, the award recognizes senior executives in the tech industry. Scheidell was honored for his vigorous commitment to technology and product development. The security firm's...

2008-11-20 08:15:00

According to some of the world's top crime experts, cybercrime could cause as much trouble as the recent credit crisis if regulations are not improved. Cybercrime causes an estimated $100 billion in damages annually said Kilian Strauss, of the Organization for Security and Cooperation in Europe (OSCE). According to Strauss, more internet experts are needed to tackle cybercrime. "These criminals, they outsmart us ten, or a hundred to one," Strauss added.  The scope for cybercrime damage...

2008-11-12 06:00:09

By Byron Acohido An innocuous posting appeared on a Houston-based technology company's internal website on a recent Friday afternoon. A couple of workers saw it, and obeyed instructions to click on a Web link. The posting seemed trustworthy. It was on an employees-only message board. And the link referenced news about a favorite company charity. By clicking on the link, the workers infected their PCs with a virus that shut down the company's antivirus defenses, says Don Jackson,...

2008-10-30 12:39:41

A new report shows that cybercrime in the UK rose by more than 9% in 2007. More than 3.5 million online crimes were committed in the UK last year, according to the report by online identity firm Garlik. Fraud and abusive or threatening e-mails made up the majority of crimes. Yet there was an 8% drop in online identity theft and sexual offences fell 2%. Tom Ilube, of Garlick, said he expected to see a growth in online financial fraud due to the credit crunch. Online financial fraud rose...

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This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'