The owner of a Dallas-based Internet service provider that was raided last April has been charged with participating in a conspiracy to defraud more than US$15 million from companies such as Verizon, AT&T and XO Communications.
Two Bulgarians have been sentenced for their roles in an online money-laundering scheme that collected about US$1.2 million from U.S. residents and sent it to a criminal group in Eastern Europe, the U.S. Department of Justice said.
U.K. police are hailing the sentencing of four people who used a sophisticated Trojan horse program to siphon money out of online bank accounts and send it to Eastern European countries and Russia.
Two computer programmers who worked for Bernard L. Madoff Investment Securities were arrested Friday and charged in connection with the multibillion dollar Ponzi scheme run by their former boss.
A U.S. grand jury in Atlanta has indicted eight people related to hacking into a computer network operated by credit-card processing vendor RBS WorldPlay and stealing US$9 million.
Law enforcement agencies can count a few recent victories against cybercriminals, but agents say the battle against them isn't getting any easier.
There's never been a better time to get involved in cybercrime.
Look for a way to fix your credit or transfer money on Microsoft's Bing these days and you'll get some friendly advice from the U.S. Federal Trade Commission.
Russian cybergangs have established a robust system for promoting Web sites that sell fake antivirus software, pharmaceuticals and counterfeit luxury products, according to a new report from security vendor Sophos.
A Virginia software developer has pleaded guilty to charges related to creating and marketing software designed to send bulk commercial e-mail messages, in violation of the U.S. CAN-SPAM Act, the U.S. Department of Justice said.
The government has issued a warning against fly-by criminals who are issuing SMS death threats to defraud victims.
Up to 40,000 Web sites have been hacked to redirect unwitting victims to another Web site that tries to infect PCs with malicious software, according to security vendor Websense.
A year ago, when a Time Magazine reporter told Tan Dailin that he'd been identified as someone who may have hacked the Pentagon, he gasped and asked, "Will the FBI send special agents out to arrest me?"
It's a great deal, if you're a spammer.
Cybercriminals who went after Facebook users with a number of phishing attacks last week have now turned around and begun sending spam messages from the Facebook accounts they cracked.
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