89 Results
Uri Rivner CEO and Co-Founder at Refine Intelligence
There’s so many things going in favor of online fraudsters these days – so much back wind they can use to accelerate their evil business – that it seems like there was never a better time to take up to crime. Provided, of course, that you have a weak moral fiber. Let me list a couple of things: Trojans are so easy to run and operate. The State-o...
26 May 2009 /security /retail Online Banking
Don't you just love conspiracy theories? Here's a new one for you. April 21, 2009: F35 Fighter Jet Program Breached The Wall Street Journal reports a data breach in the F35 Joint Strike Fighter Jet program. Apparently someone hacked into one of the program's databases – perhaps run by a third party involved in the project – and siphoned off an unk...
30 April 2009 /security Online Banking
When Chao was arrested in September, something in the veil of anonymity surrounding cyber crime was lifted. In this special report, the Joy of Fraud Fighting reveals previously undisclosed information regarding this case. Chao was the brain behind Crime Enforcers, a busy assembly line of ATM and Point of Sale card skimmers. For eight years he asce...
20 April 2009 /security Online Banking
How much are 5 gigabyte of stolen data worth? Well, it depends how lazy a fraudster you are. Until a few years ago, Trojans were hardly ever sold in the underground. If they did, their high price – thousands of dollars for a source code that came with little documentation – deterred the average criminal. But recently malware developers started to l...
30 March 2009 /security Online Banking
In the current fraud eco system, being a harvesting fraudster is easier than ever – but the EPS - earning per scam - has gone down dramatically. This is particularly true for fraudsters focused on online banking fraud. In the early days of Phishing, the pricing model for stolen online banking credentials was not really established. You couldn't use...
29 January 2009 /security Online Banking
In light of the festive season I decided not to post anything about new threats and emerging headaches. Instead, I decided to shed some light on the work of the good guys. To the good guys! The post below is based on true events. * * * It was early afternoon time at the large, aquarium-shaped room. The set of huge LCD screens at the front of the Co...
16 December 2008 /security Online Banking
Richmond, Virginia - Sunday 20:00 EST The storm outside sent wave after wave of heavy rain drops that banged on the large window, trickling down into the garden bushes below. Distant thunderclaps rolled, making the glass vibrate every other minute, not before the bright flashes of lightning lit Jack's study. Jack was browsing the Internet, severa...
24 November 2008 /security Online Banking
I just came back from RSA Conference Europe, which – as always – is an amazing time of the year. One particular perk of this event was the public display of the Engima machine, believed by the German forces of Second World War to be impenetrable, and the story of Alan Turing who broke its codes. The intelligence gathered following the breaking of ...
31 October 2008 /security Online Banking
The numbers behind Google's processing are staggering. Indexing over one trillion URLs, the Internet search giant reported in January that it processes 20 Petabytes of data per day. My Word spellchecker says there's no such word as Petabyte. It underlines it in angry red. So I googled it (hey, my spellchecker also says there's no such word as googl...
18 September 2008 /security /payments Online Banking
Private computers around the world are being infected by malware on a daily basis. Some immediately wear a glazed expression and succumb to the will of their new master – a botnet operator. Others suffer from minor effects. But this amusing news piece takes malware to a new height. 350 km high, to be exact. Wired reported (http://blog.wired.com/27b...
27 August 2008 /payments /retail Online Banking
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