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Security Fix Archive: Economy Watch

Investment Firms Report Increased Credit & Debit Card Fraud

Financial institutions in the securities and futures industries last year reported a large increase in the number of suspicious transactions attributed to debit and credit card fraud -- nearly double the number reported in 2007, new statistics released by the...

By Brian Krebs  |  May 21, 2009; 6:45 AM ET  |  Permalink  |  Comments (0)
Categories:  Economy Watch , Fraud , U.S. Government  | Tags: 2008, credit card fraud, finCEN, sars  
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Heartland Breach Blamed for Failed Membership Renewals

In February, Bill Oesterle began seeing nearly twice the normal number of transactions being declined for customers who had set up auto-billing on their accounts. The co-founder of Angie's List -- a service that aggregates consumer reviews of local contractors...

By Brian Krebs  |  May 14, 2009; 11:40 AM ET  |  Permalink  |  Comments (4)
Categories:  Economy Watch , Fraud  | Tags: angie's list, bill osterle, heartland breach  
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Report: Cybercrime is Winning the Battle Over Cyberlaw

Law enforcement agencies worldwide are losing the battle against cyber crime at a time when criminals are increasingly using the global economic downturn to make headway in recruiting more computers and computer users to further illegal online activities, a scathing...

By Brian Krebs  |  December 9, 2008; 10:44 AM ET  |  Permalink  |  Comments (6)
Categories:  Cyber Justice , Economy Watch , Fraud , From the Bunker , Latest Warnings , U.S. Government , Web Fraud 2.0  
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Spam Volumes Drop by Two-Thirds After Firm Goes Offline

The volume of junk e-mail sent worldwide plummeted on Tuesday after a Web hosting firm identified by the computer security community as a major host of organizations engaged in spam activity was taken offline. (Note: A link to the full...

By Brian Krebs  |  November 12, 2008; 1:07 PM ET  |  Permalink  |  Comments (13)
Categories:  Cyber Justice , Economy Watch , Fraud , From the Bunker , Web Fraud 2.0  
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VISA to Enforce Payment Card Security in Europe

Update, 1:20 p.m.: A major correction is in order for this story: A spokesman for Visa just contacted me to say that the new deadlines actually apply to all non-U.S. retailers except those in Europe. The spokesman said Visa Europe...

By Brian Krebs  |  November 11, 2008; 11:50 AM ET  |  Permalink  |  Comments (1)
Categories:  Economy Watch , Fraud , From the Bunker , Latest Warnings , Piracy , Web Fraud 2.0  
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