A new consortium called the Trusted Electronic Communications Forum (TECF) has brought together top companies in the financial and technology industries to tackle phishing and spoofing attacks aimed at stealing personal information. Phishing and spoofing are a kind of bait-and-switch often used for ...
The amount of Internet fraud perpetrated using a practice known as "phishing" increased 52 percent from December to January, according to the Anti-Phishing Working Group (APWG). In January, there were 176 new, unique attack types reported to the group, compared with 116 in December, the organization...
In mid-September, U.S. Federal Trade Commissioner Mozelle Thompson kicked off the Strategic Global Summit for E-Commerce with a keynote address that touched on several pertinent e-commerce topics, the role the FTC has assumed as the Internet has developed into a business channel, and issues that leg...
Fraud on the Web may be analogous to fraud in the real world, but it seems to be far easier to defraud individuals of their bank accounts, cell phone accounts and even entire identities online. In this new medium, the black hats are outpacing the white hats, at least so far. Analysts are hoping the ...
No doubt the Internet scams U.S. Attorney General John Ashcroft is targeting are a threat to living happily ever after on the Web. No doubt they're far more than just a nuisance. But this is feel-good law enforcement -- the equivalent of rounding up street-level drug dealers while the Colombian cart...
Instances of identity theft nearly doubled in 2002, topping the U.S. Federal Trade Commission's list of consumer complaints and accounting for 43 percent of the agency's fraud reports. In fact, identity theft ranked as the number one complaint for the third year in a row, with 161,819 reported insta...
More than 40 percent of all reported Internet fraud complaints stemmed from online auctions in 2001, the Federal Bureau of Investigation said in a report covering complaints received during the year. But auction fraud cost an average of just $400, compared with a $5,000 average loss from a scam i...
Adding to the recent flurry of Internet fraud news, the U.S. Federal Trade Commission (FTC) told Congress on Wednesday it received over 25,000 Internet fraud complaints in 2000. Testifying before the House Committee on Energy and Commerce, Eileen Harrington of the FTC's Bureau of Consumer Pr...
Ban
Regulate
Maintain status quo
Undecided
Enter your Username and Password to sign in.