Online Bank Cyberheists Reach Higher and "Restoration of Lost Funds"

Mar 14, 2011 7:07:22 AM By Stu Sjouwerman

The insurance industry trade Web site insuranceheadlines.com recently republished a fascinating story from Bloomberg dated June 18, 2010. It's entitled "Banking's big dilemma: How to stop ...

Cybercrime: M86 Security Creates Security Suite for SMBs

Mar 11, 2011 5:44:17 AM By Stu Sjouwerman

Internet threat management company M86 Security recently announced a brand-new small business security suite that promises to help small businesses get a workable handle on their security ...

Phishing: Malware Infected Web Sites Experience Explosive Growth

Mar 10, 2011 10:22:52 AM By Stu Sjouwerman

Heh! Heh! We're not sure if we were alarmed by the content in this recent CrunchGear blog post, or captivated by the cute "malweb critter" used to give the story a little visual interest ...

Cybercrime: Beware of Fake IRS "Instant Return" or "Direct Deposit" Scams

Mar 6, 2011 11:55:39 PM By Stu Sjouwerman

This is a a good news/bad news blog. The good news is that because April 15 falls on a Friday this year, the filing deadline has been extended until April 18. The bad news is with tax ...

DNS Cyberheist Hijack Prompts Credit Card Credential and Other Compromises

Mar 4, 2011 4:32:50 AM By Stu Sjouwerman

An interesting tidbit has emerged from the eCrime Trends Report for Q4-2010 from online security firm Internet Identity (aka IID). Over the Christmas holidays, an online payment ...

Two New Cyberheist Spyware Programs Can Infect Android Phones

Mar 2, 2011 7:48:48 AM By Stu Sjouwerman

According to this story at CSOOnline. com (" More Mobile Spyware Hits Android"), security software firm NetQin Mobile, Inc. has captured a pair of new spyware programs from the wild that ...

Cybercrime: IC3 2010 Annual Report on Internet Crime Hits the Web

Mar 1, 2011 8:09:51 AM By Stu Sjouwerman

[caption id="attachment_343" align="aligncenter" width="300" caption="The latest IC3 Internet Crime Report makes for interesting reading"] [/caption] Last week, the Internet Crime ...

Cybercrime is here to stay...

Feb 28, 2011 10:42:26 AM By Stu Sjouwerman

In a recent story for PC World, veteran security writer (and former About.com security guru) Tony Bradley's headline says it all " Cybercrime: A Recession-Proof Growth Industry." In that ...

SmartPhones Increasingly Targeted for Cybercrime, Spam and Attack

Feb 28, 2011 10:41:17 AM By Stu Sjouwerman

In its most recent Threats Report for Q4 2010 (.PDF), network security company McAfee points out what they call "a steady growth of threats to mobile platforms," with smartphones ...

Cyberheist: Another Bank Suit Seeks to Recover from Security Issues

Feb 28, 2011 10:40:27 AM By Stu Sjouwerman

[caption id="attachment_334" align="aligncenter" width="444" caption="Story Header from YourMoneyIsNotSafeInTheBank.org"] [/caption] As reported on YourMoneyIsNotSafeInTheBank.org, ...

FFIEC Rewrites Its Rules For Banks to Enhance Security, Prevent Cyberheist

Feb 25, 2011 6:39:30 AM By Stu Sjouwerman

The latest edition of the "Your Money Is Not Safe In The Bank" newsletter (sign up on their home page) takes a look at the new authentication guidelines about to be issued from the ...

Phishing: Further Ruminations on Whaling Attacks

Feb 24, 2011 6:04:45 AM By Stu Sjouwerman

In phishing terms, whaling means applying phishing attacks to "big fish"--namely, corporate executives, public figures, celebrities, and, of course, very wealthy persons. We've been ...

Cyberheist Snippet 4: More on Trusteer Rapport

Feb 24, 2011 4:29:00 AM By Stu Sjouwerman

As we mentioned in Cyberheist Snippet 1, 2, and 3, we're working on a book here at KnowBe4.com, and it features Cyberheist as the first word in its title. Here's a fourth snippet from the ...

Cyberheist Snippet 3: Spear-Phishing Definition

Feb 22, 2011 1:11:03 PM By Stu Sjouwerman

As we mentioned in Cyberheist Snippet 1 and Cyberheist Snippet 2, we're working on a book here at KnowBe4.com, and it features Cyberheist as the first word in its title. Here's a third ...

Cyberheist: The Real Bite in Company Suits Against Banks for Negligence

Feb 21, 2011 11:11:29 AM By Stu Sjouwerman

As we've mentioned repeatedly in this blog, the FDIC does not insure SMBs against losses to fraudulent account access the same way that it covers individual bank accounts. This has left ...

Cyberheist Theft of Carbon Credits Shows Just How Far Cyberthieves Will Go!

Feb 18, 2011 6:31:24 AM By Stu Sjouwerman

We read with great interest in a recent edition of The Economist about the theft of carbon emission credits through the Emissions Trading Scheme (ETS), a market overseen by the European ...

Phishing's "Golden Hour"

Feb 17, 2011 7:31:42 AM By Stu Sjouwerman

We stumbled across a fascinating story on the Trusteer Web site recently ( Trusteer is an Internet security firm whose principal products focus on fraud detection and prevention for the ...

Cyberheist Snippet 2: The Field Has Changed, But the Game Remains the Same

Feb 14, 2011 8:28:26 AM By Stu Sjouwerman

[caption id="attachment_262" align="aligncenter" width="250" caption="Cyberheist book cover"] [/caption] As we mentioned in Cyberheist Snippet 1, we're working on a book here at ...

Cybercrime: Google Plans to Give Two-Factor Authentication a Huge Boost

Feb 11, 2011 7:42:59 AM By Stu Sjouwerman

The biggest fundamental problem with online financial activity is that for most of us, an account name and a password is all that's needed to gain access to accounts and account controls. ...

Beware Cross-Channel Cybercrime Threats!

Feb 9, 2011 7:59:40 AM By Stu Sjouwerman

Shoot! Anybody with a smidgen of Web security history under his or her belt winces as soon as the word "cross" comes up as a modifier, thanks to the legions of exploits based on ...

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