Cybercrooks are spamming e-mail messages to trick people into visiting malicious Web sites that exploit a recent Internet Explorer flaw, experts warned on Thursday.
Phishers are using shorter URLs for malicious sites in a bid to lend an air of legitimacy to threatening links.
Swedish bank Nordea has told ZDNet UK that it has been stung for between seven and eight million Swedish krona (around AU$1,500,000) in what security company McAfee is describing as the "biggest ever" online bank heist.
The federal government is anxious to congratulate itself on the success of its anti-spam legislation to date. But the threat to users from unsolicited e-mail is only getting worse.
Spammers have discovered ways of working round protocols that were originally designed to kill spam by allowing e-mail gateways to authenticate the origin of any e-mail. This abuse effectively renders the technologies useless, according to security experts.
It's time to accept an unpleasant truth.
Individuals have been warned about the threat of identity theft for years. Now it's the turn of businesses.
Yet again denial-of-service attacks, spam, viruses - driven in part by an apparent war between virus writers - and cybercrime have hit the headlines over the course of the past 12 months.
A special taskforce to hunt down cyber-criminals has been formed by the Australian government together with the finance industry.
The Anti Phishing Working Group suspects that a toolkit, which would allow phishing attacks to be automated, has started circulating on the Internet.
It is more important for online banking to make customers feel secure than make those customers actually secure, according to the head of technology at Commonwealth Bank's New Zealand subsidiary, Auckland Savings Bank (ASB).
Credit card giant MasterCard announced on Tuesday a new initiative aimed at fighting the growing problem of online fraud, specifically the emerging threat of phishing schemes.
Internet Service Providers are in the perfect position to kill vast armies of compromised computers -- or bots -- that are being used by cyber-criminals to launch the majority of spam and phishing attacks, according security specialists at the AusCERT 2006 conference.
An annual survey coordinated by the Australian Computer Emergency Response Team has revealed that electronic attacks on businesses have decreased, but is it all good news?
Authorities are cracking down on phishing and botnets, but the threats are advancing instead of diminishing, two law enforcement officials said.
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