Cybercrime

The U.S. Department of Justice expanded its online gambling crackdown Tuesday when it filed a civil suit against the owners of the website Full Tilt Poker for defrauding thousands of members out of more than $300 million in what it called a "global Ponzi scheme." The suit alleges that Full Tilt co-o...

You've seen the ad a thousand times on the Internet: "1 Tip for a Tiny Belly" says the hand-lettered headline above the crudely drawn swelling-and-shrinking belly. "Cut down a bit of your belly everyday following this one weird tip," it goes on to say. If starvation caused by having funds continuous...

The mobile age has arrived. In 2011, global shipments of smartphones and tablet devices surpassed shipments of laptops and desktop PCs, laying the groundwork for an era in which consumers are increasingly using mobile technology for everything from airline reservations to vehicle purchases. The mobi...

It's time for corporations to wise up and use the latest, most effective weapons to safeguard and secure their data. High-tech devices, software applications, emails, user accounts, social media and networks -- even those presumed safe -- are being hacked with alarming alacrity and ease. Security to...

More than 200,000 Citigroup bank accounts were hacked in last month, according to just-released data from the company, and federal regulations could tighten because of the security breach.

The official vision of the National Strategy for Trusted Identities in Cyberspace is a government-coordinated, private-sector initiative to increase the security of the Internet. In their words: "Individuals and organizations utilize secure, efficient, easy-to-use, and interoperable identity solutio...

Most of the talk about protecting users' privacy on the Web has centered on preventing the collection of information that would aid companies in creating targeted ad campaigns. I appreciate the efforts of all those people -- from the myriad consumer watchdog groups to former presidential candidates ...

The Obama administration has come up with a proposal for both improving and simplifying identity protection for consumers using the Internet, computers, and mobile devices. The plan would greatly reduce the need for consumers to use and remember multiple passwords or fill out separate privacy forms ...

The world's largest permission-based marketing firm, Epsilon, reported on Friday that its computer system was hacked and an unspecified number of email addresses and names were stolen. Epsilon sends around 40 billion emails a year on behalf of its 2,500 clients, which include major banks such as Cap...

E-commerce continues to experience significant growth. In fact, in 2009, e-commerce sales grew by 5.5 percent to $205 billion. Online retail sales are expected to increase by another 12.7 percent in 2010, according to Javelin Research. While the research proves that e-commerce sales will continue to...

Despite advances in technology, online fraud and payment security continue to be significant issues and cost drivers for e-commerce merchants. Web applications are the leading source of data breaches and account for the majority of compromised data records. The majority of these records contain pa...

E-commerce security has never been more top-of-mind for retailers. Security breaches like the one that happened at TJX in 2007 reverberate not only through the media, but also -- more importantly -- through consumer confidence, for years. Even with an aggressive clean-up strategy, an attack can crea...

In a set of coordinated investigations, federal, state and local officials filed charges this week against more than 70 defendants who allegedly used cybercrime techniques to defraud both individuals and corporations out of millions of dollars. New York County District Attorney Cyrus R. Vance, Jr., ...

While financial cybercrime against card-not-present retailers has many forms, "friendly fraud" has emerged as a particularly painful thorn in the side of e-commerce merchants. Defined as a situation in which a customer disputes a legitimate credit card transaction, falsely claiming fraud or non-del...

It's likely not illegal, and it may not even be improper, but the fact that security consultant Ron Bowes gathered and aggregated the information from about 100 million Facebook profiles has created quite a stir. Bowes created his data torrent to aid the development of a password-cracking-protection...