Articles about online fraud

Mobile Gaming

Japan's naughty nurses scam free meals with mobile games

Japan’s male mobile gaming geeks are being taken for a ride in ever-greater numbers by hungry, cash-poor women who befriend them online before tricking them into paying for an expensive dinner for two. This particularly devious scam is on the rise in the Land of the Rising Sun as single Japanese women struggle to pay the bills …
Phil Muncaster, 30 Apr 2013

Japanese password protector floods screen with hoax cursors

Japanese boffins have demonstrated a rather nifty way of preventing online password theft by screen capture and shoulder surfing – flood the screen with a barrage of dummy cursors. Researchers at the government backed Japan Science and Technology (JST) Agency showed off the rather unusual approach to preventing fraud to local …
The Register breaking news

Hundreds arrested in Far Eastern online scam crackdown

Almost 600 people have been arrested across the Far East in co-ordinated raids against a network of online fraudsters. Arrests were made in China, Taiwan, Cambodia, Indonesia, Malaysia and Thailand late last week. Indonesia has already deported 101 people back to Taiwan. The scammers mostly tricked mainland Chinese victims …
John Oates, 13 Jun 2011
The Register breaking news

Auction fraud complaints prop up declining US cybercrime reports

US complaints about internet fraud dropped 10 per cent last year. The Internet Crime Complaint Center (IC3) fielded 303,809 reports of cybercrime in 2010, down from 336,655. The agency – maintained by staff from by the FBI and the National White Collar Crime Center – said the reduced figures were still the second highest in …
John Leyden, 25 Feb 2011
The Register breaking news

UK biz bled dry by cybercrime

The average UK business is losing £10,000 a year thanks to cyber espionage, extortion and other forms of online fraud. In total the UK economy is losing £27bn a year and British businesses soak up £21bn of this loss. Given there are 2.1 million UK firms registered for VAT this gives a loss per firm of £10,000. The numbers, …
John Oates, 17 Feb 2011
The Register breaking news

DarkMarket founder jailed for five years

The founder of a notorious underground carding forum was jailed for four years and eight months on Friday. Renukanth Subramaniam, 33, set up DarkMarket, an eBay for cybercrooks where fraudsters and crackers could buy and sell stolen bank log-ins, credit card details and skimmers. The scheme became unstuck in 2008 after the …
John Leyden, 1 Mar 2010
The Register breaking news

Verified by Visa bitchslapped by Cambridge researchers

Secondary credit card security systems for online transactions such as Verified by Visa are all about shifting blame rather then curtailing fraud, Cambridge University security researchers argue. The 3D Secure system - branded as either Verified by Visa or MasterCard SecureCode - has become a ubiquitous extra line of security …
John Leyden, 27 Jan 2010
The Register breaking news

Webmasters targeted in cPanel look-alike phish

Fraudsters are targeting webmasters in a massive phishing campaign that attempts to trick marks into giving up credentials needed to administer their sites. The emails are sent to customers of some of the world's most widely used webhosts, including GoDaddy, Hostgator, Yahoo!, and 50Webs. Although the subject lines vary, they …
Dan Goodin, 7 Dec 2009
The Register breaking news

Amazon, Apple dish up $300,000 to 'musical crims'

A gang of cyber fraudsters were arrested this morning after allegedly making tens of thousands of pounds by buying their own records from Apple iTunes and Amazon using stolen credit cards. Nine people are currently being held in custody following arrests at addresses in London and the West Midlands earlier today. The …
Kelly Fiveash, 10 Jun 2009
The Register breaking news

Woman murdered after answering Craigslist ad

A Minnesota woman was killed after answering a nanny job advertised on Craigslist. It is the first murder on the site, which offers free classified ads hawking just about anything you can imagine. Katherine Ann Olson, 24, was found dead in the trunk of her car late Friday night at a park about 15 miles south of Minneapolis. …
Dan Goodin, 30 Oct 2007

And now for something completely different: Good news on spam

In the ever-escalating world of cyber insecurity, it's rare to find good news. And yet the Security and Exchange Commission on Thursday did just that as it reviewed data showing stock-touting junk mail has dropped significantly since a tough anti-spam campaign kicked off in March. Spam related to financial services comprised …
Dan Goodin, 4 Oct 2007

SEC bars trading in 35 spam-touted companies

The Securities and Exchange Commission (SEC) today hit back at 'pump and dump' fraudsters by suspending trading in 35 companies that have been the "subject of recent and repeated spam email campaigns". Next step of its pleasingly named "Operation Spamalot", is to find the perpetrators and bring them to justice. All the …
Drew Cullen, 8 Mar 2007
The Register breaking news

Online recruitment rogue stripped of £20,000

The man behind an UK-based online employment agency has been found guilty of ripping off workers and ordered to pay £20,000. Adrian Farmer's lawyers say he may have to sell his house to pay the penalties. Farmer was found guilty of charging workers £124 each for falsely claiming that he was able to find them work abroad. He did …
OUT-LAW.COM, 24 Feb 2007
The Register breaking news

eBay security conspiracy catches on with readers

Letters Our story reporting the abundance of people who believe there is a secret backdoor in eBay's network appeared to touch a nerve. Please continue to send tips to your reporter at the link above. Very interested to read your article, Dan. My eBay account has been hacked twice. Luckily both times eBay picked up on it quickly and …
Dan Goodin, 22 Feb 2007

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