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July, 08. 2010

Bank Failures: 2010 Pace Exceeds 2009

There were no bank failures to kick off the 4th of July weekend - but this past Friday was the exception, not the rule.

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July, 08. 2010

Can Cloud Be More Secure than Legacy Systems?

Cloud computing isn't necessarily more or less secure than other technologies, but represents advances in computing that must be carefully deployed to assure the safety of data, a House panel was told Thursday.

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July, 08. 2010

FTC Alleges $10 Million Fraud Scheme

The Federal Trade Commission (FTC) says it has stopped a $10 million international scheme that was siphoning off small amounts from more than 1 million credit and debit card holders.

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July, 05. 2010

ID thief receives 30 months in prison

A California woman was sentenced late last week to 2 1/2 years in federal prison after pleading guilty earlier this year to charges of access device fraud, according to a news release from the U.S.

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July, 05. 2010

Power units open to cyber attacks

New Delhi, July 4: India has woken up to the possibility of its power installations coming under attack from evil Internet hackers.

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July, 05. 2010

3G users vulnerable to hackers

HCM CITY — 3G mobile phone users in Viet Nam are vulnerable to attacks by hackers, experts from the Ha Noi-based Bach Khoa Internet Security warn.

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June, 18. 2010

ACH Fraud: How to Educate Customers

Education is the key weapon against ACH and wire fraud, also known as corporate account takeover. And one Oklahoma bank is stepping forward to launch a series of seminars to help educate and protect its commercial customers.

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June, 18. 2010

178 Arrested in Card Fraud Raids

In what is being called one of the largest credit card fraud ring busts to date, the Spanish Interior Ministry says police in 12 countries have arrested 178 people suspected of being part of an international crime gang.

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June, 18. 2010

Farkas is Tip of Mortgage Fraud Iceberg

This week's high-profile mortgage fraud arrests should serve as a chilling wakeup call to banking institutions, experts say.

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June, 10. 2010

Scores of spoofed YouTube pages lead to malware

Researchers at network security firm eSoft on Wednesday discovered more than 700,000 web pages crafted to look identical to YouTube but which are spreading malware.

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June, 10. 2010

ACH Fraud: The Great Debate

Is a legislative remedy needed to protect banking institutions and businesses from the ravages of online fraud? Depends on whom you ask.

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June, 10. 2010

Marketing Security as a Competitive Edge

Joseph Menn has an interesting take on information security - that it's time for banking institutions to start marketing their protective measures as their own competitive advantages.

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May, 19. 2010

Should there be PCI security requirements for bank account data?

Why don't PCI security requirements exist for bank account numbers? Avivah Litan, vice president and distinguished analyst at Gartner Inc., said she's long wondered about the dearth of an industry security standard for sensitive bank account data and posed the question in a recent blog post.

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May, 19. 2010

Majority Of Browsers Leave Fingerprints Online

The majority of web browsers have unique signatures that create identifiable "fingerprints" that could be used to track Internet users as they surf, according to new research from the Electronic Frontier Foundation (EFF).

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May, 19. 2010

USB worm named biggest PC threat

A worm that is spreading via USB flash drives has been named the biggest security threat to PC users by McAfee.

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May, 14. 2010

Worst phishing menace may be prepping more dangerous version of itself

The single most active group for stealing identities and pilfering electronic bank accounts over the Internet has nearly ground to a halt, but the lull could be the precursor to an even worse crime spree, according to a new study.

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May, 14. 2010

Chatty Skype worm tries to fox antivirus programs

A new instant messaging (IM) worm has been spotted using a number of evolved techniques to beat installed security programs and catch even suspicious users off-guard.

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May, 13. 2010

Servers hacked to launch more powerful DDoS attacks

Researchers at security firm Imperva have discovered a botnet consisting of web servers, rather that individual PCs, that is being used to launch more devastating denial-of-service (DDoS) attacks.

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May, 13. 2010

Spies may be controlling your web cam

DENVER - Web cameras make it easy to keep in touch with far away friends and family. If you have a web cam on your home computer, laptop or even your cell phone, a hacker can be lurking, just waiting for a chance to gain control.

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May, 12. 2010

Visa fraud alert puts banks, payment processors on guard

Visa Inc. last week sent a fraud alert to banks and payment processors warning them to look out for a "large batch settlement fraud scheme" involving a merchant account in East Europe.

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May, 12. 2010

Phishing Scam Goes After Apple Gift Cards

The security firm says in the past month it has detected phishing websites spoofing the Apple brand. The spam messages claim to provide a way for checking the balance for an Apple gift card and include a link to the phishing website.

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May, 11. 2010

Researcher reveals Safari zero-day bug

Apple's Safari browser contains a critical, unpatched bug that attackers can use to infect Windows PCs with malicious code, researchers at US-CERT and other security firms said today.

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May, 11. 2010

Internet Security Firm Wants to Train Hackers

ATLANTA -- Becoming a hacker might be your best defense against cyber-crime. That's according to a Norcross-based internet security firm.

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May, 07. 2010

Younger Internet Users Most Vulnerable To Phishing Attacks

Young people 18-25 years old are consistently more vulnerable to phishing attacks than those who are older, according to a new study by Wombat Security Technologies.

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May, 07. 2010

The DDoS attack survival guide

Google. Twitter. Government websites. Fortune-500 companies. All are victims of crippling distributed denial-of-service (DDoS) attacks. The attacks have grown in reach and intensity thanks to botnets and a bounty of application flaws. This collection of articles will bring you up to speed on how the threat has evolved and what you can do to better protect your organization.

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