Thursday, 11 June 2009

Amazon, Apple dish up $300,000 to 'musical crims'

Source: The Register

Nine people are being held in custody in the UK on suspicion of conspiracy to commit fraud and money laundering. The alleged scam involved the fraudsters purchasing their own recordings from Apple iTunes and Amazon using stolen credit cards. Approximately $750,000 was processed through 1,500 compromised UK and USA credit cards, undetected by the merchants in question as fraudulent.

Friday, 5 June 2009

FTC Sues, Shuts Down N. Calif. Web Hosting Firm

Source: Security Fix

"In an unprecedented move, the Federal Trade Commission has taken legal steps to shut down a Web hosting provider in Northern California that the agency says was directly involved in managing massive global spam operations."

Thursday, 4 June 2009

Data-sniffing trojans burrow into Eastern European ATMs

Source: The Register

Analysts from SpiderLabs, the research arm of security firm Trustwave, have been tracking the development of a specialised malware tool designed for installation on ATMs running the Windows XP operating system, describing it as highly capable, and written with professional standards. The malware contains a data logger to track user card and PIN data, which can then be retrieved by inserting a control card into the ATM, bringing up a menu which allows the data to be printed via the ATM receipt printer. The control cards also enable functions to extract cash, remove log files, and so on. Physical access to the machine is required to install the malware, and reports of its use have been limited to Eastern Europe so far.