Public sector organisations are being targeted by cybercriminals because their networks can provide rich pickings for identity thieves, according to a survey coordinated by the Australian Computer Emergency Response Team (AusCERT).
Three British men were given prison sentences totalling six years on Friday for their part in a software counterfeiting ring.
UK Police have arrested a 21 year old man they suspect of running a phishing scam that targeted customers of online bank Smile.
A Chinese police force that is dedicated to fighting virus writers is getting results, according to Russian antivirus company Kaspersky Labs.
Some Web sites are now offering surfers the chance to download free "phishing kits" containing all the graphics, Web code and text required to construct the kind of bogus Web sites used in Internet phishing scams.
Police are warning Internet users about 'Trojan' e-mails containing links to malicious Web sites that can steal sensitive information such as PINs and password log-ins from vulnerable PCs.
While criminal gangs are more widely associated with threatening denial of service attacks unless they get a kickback of thousands of pounds, it seems some are taking a more small-scale approach to extortion: now average PC users are being targeted.
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