Entries by Robert Siciliano

Debit Cards Fraud Means Difficult Recovery

There are 437,000,000 debit cards in circulation, and their use is on the rise. Criminal hackers are paying attention. Credit cards offer some measure of protection when it comes to “zero liability policies,” as long as the cardholder refutes the charges within 60 days. But when a debit card is compromised, the stolen money is…

Killer Computer Viruses

When most people think about a virus, they think of a fever, chills, and maybe a potential pandemic. But when they think about a computer virus, they think of a headache, or worse, identity theft. Unusually, one report claims that a computer virus played a role in the deadliest air disaster in Spanish history. Others refute this…

More ATM Skimmers Being Used By Gangs

A report issued by the FTC finds that customers in the process of withdrawing cash from ATMs are more likely to be victims of ATM fraud than a direct, physical crime, and skimmer devices have recently been found on gas pumps and ATMs throughout Northern California. ATM skimming occurs when a device is placed on…

Criminal Web Mobs Responsible For Most Cyber Crime

New reports confirm what we’ve been seeing in the news; organized criminals have upped the ante. Global web mobs are tearing up corporations’ and financial institutions’ networks. According to a new Verizon report, a staggering 900 million records have been compromised in the past six years. Up to 85% of the breaches were blamed on organized…

Organized Web Mobsters Getting Jobs Inside Corps

In 2009, there were a reported 140 million records compromised, compared to 360 million in 2008. In 2010 there have been almost 13 million records stolen. But don’t have a party just yet. Criminals are fine-tuning their craft and getting better. The industry just isn’t making it as easy. 97% of those records were stolen…