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Fraud related to virtual goods sales increases to 1.9%

The Wall St. Journal is reporting that fraud related to the sale of virtual goods, primarily in online games, increased to 1.9% in 2009. This compares to 1.1% for physical goods. These numbers are...

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Russian cyber crime – the life and times of BadB

Earlier this week, the NYTimes wrote an article on the life and times of BadB, Vladislav Horohorin, a Russian cyber criminal recently arrested while on a trip to France. He is expected to appear soon...

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Ping drowning in scams and spam

Via NetworkWorld, Sophos is reporting that Ping, Apple’s new social network add-on to iTunes, is “drowning in scams and spam.”  Sophos says, “Apple has not implemented any form of automated spam or URL...

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Study: Electronic theft surpasses physical theft | Security – CNET News

Study: Electronic theft surpasses physical theft | Security – CNET News. Kroll just released its fourth annual worldwide fraud survey. For the first time “Information theft, loss, or attack” surpasses...

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SpyEye v. ZeuS Rivalry Ends in Quiet Merger — Krebs on Security

SpyEye v. ZeuS Rivalry Ends in Quiet Merger — Krebs on Security. Brian Krebs today is providing an update on banking Trojan activity. While ZeuS has been in the public eye, another banking Trojan...

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