We did mention Torpig in passing back in January 2008 when talking about the Mebroot rootkit which digs down deep into the Master Boot Record.
It seems like Torpig has been pretty active since then and the latest break is that some security researchers have managed to infiltrate the botnet and collect some data on what [...]

You should be familiar with the TJX case by now (TJX Largest Breach of Customer Data in U.S. History) and we’ve been following it here for a couple of years.
We reported back in August last year that the TJX Credit Card Hackers were Busted and now one of the 11 guys involved has been slammed [...]

I personally received the following direct message on Twitter from someone I know quite well:
hey! check out this funny blog about you…
http://jannawalitax.blogspot.com/
It’s a link to a fake blogspot URL that redirects to a phishing URL for Twitter, it looks the same as the real login page but the actual URL is:
http://twitterblogs.access-logins.com/login (WARNING THIS IS A [...]

Another teen hacker in the news, this guy looks like he has some formidable skills though with the list of crimes he’s perpetrated.
He’s pleaded guilty though, so he should get a reduced sentence and he’s still classified as a juvenile offender being only 17 – so that works in his favour too.

A juvenile hacker with [...]

Another big heist in the US netting a whole lot of juicy information on credit and debit cards, over half a million USD lost in this case alone. There’s a whole lot of fraud going on..
Not bad for fiddling with the cash register system of a restaurant chain. It just shows, anyone dealing with finanical [...]

Ah I think it’s time for controversy on a Tuesday, what do you think about this case where a hacker got some info on a company about it’s soon to be plummeting share prices by breaking into their computer. By investing $41,000 in stock potion trading on the shares that were about to drop – [...]

Ah so Mr Alan Ralsky one of the biggest spammers of all-time is back in the news after his indictment with 10 others for running a large scale spam operation intended to inflate stocks artificially.
At one time it was thought Mr Ralsky and his friends were responsible for the majority of the spam sent, he’s [...]

Now this is a massive growth, 8000% percent..woah!
Thankfully losses are still ‘modest’ whatever that means, I guess although the attacks grow in
number, awareness an education also increases (in places like UK anyway) so the risk is fairly well mitigated.

UK incidents of phishing scams have grown 8,000 per cent over the last two years, according to [...]

It seems like phishers are changing their tactics to those similar to spammers, rather than going for big targets and mass mails they are turning to more wealthy customers and fewer but larger bounties.
Imagine if they can nail a few big ones, they are set.

Online fraudsters are turning their attentions away from large banks and [...]

Sounds complicated, it’s almost a tongue-twister.
It turns out the carders (people using stolen credit card details fraudulently) have worked out how to get money out of the spammers (spamming being massive nowdays)
Fraudsters who deal in stolen credit card data have devised a means to extract money from sponsors of junk mail campaigns.

Carders have signed up [...]