Feeds

MS reels in a few stray phish

129 lawsuits

Internet Security Threat Report 2014

Microsoft has initiated 129 lawsuits against phishing fraudsters in EMEA as part of a wider campaign against online fraud.

Nancy Anderson, deputy general counsel at the software giant told an EU conference on ID theft in Brussels, said that the mixture of civil and criminal proceedings initiated by Microsoft had already borne fruit with a two and a half year sentence against a crook in Turkey. Anderson's comments gave an indication of the progress of Redmond's Global Phishing Enforcement Initiative, which the software giant launched in March. Turkey has become something of the focus of Microsoft's enforcement efforts in EMEA since then with 50 of 97 criminal charges focused on suspected fraudsters in the country.

The 32 civil lawsuits are been brought against ne'er do well teenagers who used either email scams or malware in an attempt to steal login credentials for online banking accounts. Most of these are likely to be settled out of court. More than half (18) of these cases involve UK teenagers.

Analyst group Gartner estimates that losses to banks from phishing scams will reach $2.8bn this year. ®

Internet Security Threat Report 2014

More from The Register

next story
Knock Knock tool makes a joke of Mac AV
Yes, we know Macs 'don't get viruses', but when they do this code'll spot 'em
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Why weasel words might not work for Whisper
CEO suspends editor but privacy questions remain
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
BlackEnergy crimeware coursing through US control systems
US CERT says three flavours of control kit are under attack
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.