Tagged: cybercrime

Yes, Cybercrime is Actually a BFD

Recently, two Microsoft researchers published a white paper that called into question cybercrime statistics.

In particular, the white paper suggested that the amount of money stolen each year is wildly overinflated by security companies and security consultants by relying on small sample sizes. The researchers stated that security companies do this to exaggerate the problem and drum up business.


online banking

How Online Banking Raises Your Risk of Identity Theft

Are you hooked on the convenience of online banking? Do you think Zeus is the Greek king of the gods and Oddjob and SpyEye are the bad guys in James Bond movies?  In reality, they’re the names of cutting-edge malware used by organized cybercrime rings to take over your online bank account and steal identity and your cash.  Find out how your risk of identity theft rises every time you bank online.


Unsecure Home Wifi Connections Make Surviving War Driving Dicey

Do you think leaving your home Wifi connection wide open is no big deal?  If you do, you could be playing right into the hands of war drivers out to steal your personal information and your identity, according law enforcement officials from Atlanta to Queensland, Australia. Find out how you can lock the door to your Wifi connection and stop war drivers in their tracks.


FBI Warns Travelers Abroad: Watch Out for Wifi Crime at Hotel Hotspots

This month, the FBI’s Internet Crime Complaint Center issued a stark warning to travelers abroad. It said hackers are targeting hotel guests using pop-up windows laden with malware while they’re trying to connect to the Internet.  If you use hotel Wifi hotspots when you travel, find out what you need to know to avoid getting burned.


Microsoft Researchers On Passwords and Cybercrime

When it comes to password security, two Microsoft researchers ask whether everything we know about password stealing is wrong.

They offer somewhat provocative thoughts, such as:

“Getting in and getting out with money is a far harder problem than simply causing destruction. If the goal were mayhem and destruction rather than money-making we might be a great deal worse off.”

western union

Western Union Scams

Scams come in many different forms, but the end result is always the same.  The goal of any scam is to take something of worth from someone using false pretensions. Most often that something is money. One popular scam is for the thief to “social engineer” a way of having a consumer wire them funds through Western Union.

Hopeless HIPAA: Blue Cross Blue Shield Settles Patient Data Breach Case For $1.5 Million

The Department of Health and Human Services announced a settlement with Blue Cross Blue Shield of Tennessee after the company’s inadequate security measures allowed 57 unencrypted hard drives containing private health information to be stolen from a medical facility.

The unencrypted hard drives contained the protected health information of over one million individuals, including member names, Social Security numbers, diagnosis codes, dates of birth, and health plan identification numbers.

Why Protecting Your Wireless Security Should Begin at Home

By now, you’ve undoubtedly heard that revealing sensitive information at Wifi hotspots is like playing Russian Roulette with your identity.  But you may not know that your network security can also be easily compromised when you’re using Wifi in the privacy of your own home.


What Seniors Need to Know About Online Identity Theft

Thanks to advances in healthcare, seniors can look forward to living longer and more productive lives than ever before.  But increasingly, something they haven’t bargained for may also be in their future – the prospect of becoming a victim of online identity theft and online fraud.  If you’re a senior, find out how to protect yourself from the silent crime that could mar your golden years.


internet crime

Why Internet Crime Actually Does Pay

Recently, Roger Grimes at InfoWorld published a fascinating article about how lucrative and safe it is for cybercriminals to commit identity theft on the Internet.

If you’re an ordinary criminal who likes to rob banks, you’re taking a big risk for a relatively minor reward.

The FBI reported that in 2010, U.S. bank robbers committed 5,628 bank jobs which netted $43 million. So the average bank robbery took in a little more than $7500. And 22% of the time, the criminals were caught and the money was returned.


By the Numbers: Europe Reacts Swiftly to Cybercrime, Establishes New European Cybercrime Center

The European Commission is establishing a European Cybercrime Center within the year.

Located in the Hague, and housed alongside Europol, the pan-European police force, the new cybercrime unit will focus on preventing credit fraud, bank fraud, identity theft, social networking fraud, and similar attacks.