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EU to Establish Cybercrime Centre

March 29th, 2012 by Agent Smith (0) Data Theft & Loss,Identity Theft,security breach

The European Union is planning to create and launch a European Cybercrime Centre by January 2013. The centre, a proposal of the European Commissions, will operate within Europol, the continent’s police agency and will deal with online banking fraud, attacks against smartphones and other large scale types of attacks which are directed against public services and infrastructure. Read more

Sony’s PlayStation Network Hack Created 70 Million Potential Fraud Victims

April 28th, 2011 by Agent Smith (1) Data Theft & Loss,In The Spotlight,security breach

According to the PlayStation blog, the 70 million users of Qriocity and PlayStation Network may have had their personal information compromised due to a successful hacker attack. Also the network has been shut down since April 20th and users have been unable to download content or play online.

The hacker attack resulted in personal information such as names, home addresses, e-mail addresses, birth dates and passwords being compromised, but the damage to credit card information has not yet been assessed. Read more

Court orders one million pay restitution for Citibank credit card accounts theft

November 1st, 2010 by Agent Smith (0) Data Theft & Loss,Identity Theft
38 years old Lisa Reid was sentenced by U.S. District Court Judge David L. Bunning for one count of bank fraud and one count of aggravated identity theft, and was ordered to pay restitution in the amount of $1,071,871.33. Reid had been working with Mahogani Graves, an employee of Citibank – customer service division, who was stealing credit card account numbers for her.

Graves also changed the home addresses of bank customers to New York addresses in order for Reid to be able to retrieve the goods she had purchased from high end retails stores, using the stolen accounts. Read more

British party membership list gets posted online

November 21st, 2008 by Agent Smith (1) In The Spotlight,security breach

If you are British and have been plotting to stalk a member of the British National Party (BNP) you might just have missed the opportunity. A list with all the party’s members, including names, addresses, and email addresses has recently shown up online. Some of those who just got exposed online are also underage (an extra “benefit” of the family plan BNP offers) and others had mentions of other personal details made public, such as job or hobbies.

As the Register puts it, “That’s how we know that that BNP members include receptionists, district nurses, amateur historians, pagans, line dancers and a male witch.” Members reacted pretty strongly, filing their comments with courses and outrage. As certain professions in the UK are expected to have no political color, they might even lose their job and according to several blog sources, some pretty powerful people in the BNP are to blame for the leak.

BNP spokespersons found out of the leak from the Register, but although completely unaware, they promised to treat whoever is responsible quite harshly!

Gains from Online Fraud Aim for the Sky

April 9th, 2008 by Agent Smith (0) Data Theft & Loss,In the News,security breach

According to the latest data released by the FBI’s Internet Crime Complaint Center, damages caused by online fraud have significantly increased, going up by 20 percent.

The report cited by SecurityFocus shows that, while the number of complaints has been a little lower, the reported damage originated from online fraud grew from $198 million in 2006 to $239 million in 2007. FBI’s IC3 online portal where cybercrime complaints are received processed a little under 207,000 such reports last year, just a few less than in 2006. The criminal activity is in no way discriminatory, affecting victims aged from 10 to 100 years old.

“The Internet presents a wealth of opportunity for would-be criminals to prey on unsuspecting victims, and this report shows how extensive these types of crime have become,” James E. Finch, assistant director of the FBI’s Cyber Division, said in a statement. “What this report does not show is how often this type of activity goes unreported.”

While the media reports often on the crime of identity theft, the largest number of people, more than a third, complain about online auction fraud, the IC3 report stated. Other online crimes, such as industrial espionage by other nation states, largely go unreported. Earlier this month, the Council of Europe requested that Internet service providers help battle cybercrime by sharing information about their users.