Online banking account takeover fraud may be bigger than we think
Charles Jester at security firm ESET has written a great article looking that how banks report online electronic crime. We know from public reports and various lawsuits that cyber criminals have been targeting users of online commercial banking sites, breaking into their accounts, and transferring hundreds of thousands and sometimes millions of dollars. But how [...]
Internet Security Initiative
Internet Security Initiative The US government is considering an internet security initiative to improve cyberspace for everyone including individuals, businesses and government agencies who conduct business online. This initiative was announced by the Department of Homeland Security (DHS) and as mentioned aims to create a more secure system of online identification. This internet security initiative [...]
Worst Person of the Week: Farm Equipment Store Owner Obtained 80 Loans in Customers’ Names Worth $1.7 million
Was it Jimmy Dean who once said, “down on the farm, we do it right. Or, we just don’t do it”? Well, sometimes not everything done down on the farm is completely righteous, and one nefarious character should have heeded the late Jimmy Dean’s words. A Smithfield, Va. woman pleaded guilty last week to three [...]