The FBI announced that it dismantled a large Internet advertising fraud network, and arrested eight people: A 13-count indictment was unsealed today in federal court in Brooklyn charging Aleksandr Zhukov, Boris Timokhin, Mikhail Andreev, Denis Avdeev, Dmitry Novikov, Sergey Ovsyannikov, Aleksandr Isaev and Yevgeniy Timchenko with criminal violations for their involvement in perpetrating widespread digital … Read More “FBI Takes Down a Massive Advertising Fraud Ring” »
Category: fraud
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On November 4, 2016, the hacker “Guccifer 2.0,: a front for Russia’s military intelligence service, claimed in a blogpost that the Democrats were likely to use vulnerabilities to hack the presidential elections. On November 9, 2018, President Donald Trump started tweeting about the senatorial elections in Florida and Arizona. Without any evidence whatsoever, he said … Read More “Propaganda and the Weakening of Trust in Government” »
A new study finds that credit card fraud has not declined since the introduction of chip cards in the US. The majority of stolen card information comes from hacked point-of-sale terminals. The reasons seem to be twofold. One, the US uses chip-and-signature instead of chip-and-PIN, obviating the most critical security benefit of the chip. And … Read More “Chip Cards Fail to Reduce Credit Card Fraud in the US” »
This story nicely illustrates the arms race between technologies to create fake videos and technologies to detect fake videos: These fakes, while convincing if you watch a few seconds on a phone screen, aren’t perfect (yet). They contain tells, like creepily ever-open eyes, from flaws in their creation process. In looking into DeepFake’s guts, Lyu … Read More “Detecting Fake Videos” »
BuzzFeed is reporting on a scheme where fraudsters buy legitimate Android apps, track users’ behavior in order to mimic it in a way that evades bot detectors, and then uses bots to perpetuate an ad-fraud scheme. After being provided with a list of the apps and websites connected to the scheme, Google investigated and found … Read More “Android Ad-Fraud Scheme” »
Brian Krebs is reporting on some new and sophisticated phishing scams over the telephone. I second his advice: “never give out any information about yourself in response to an unsolicited phone call.” Always call them back, and not using the number offered to you by the caller. Always. Powered by WPeMatico
Long and interesting story — now two decades old — of massive fraud perpetrated against the McDonald’s Monopoly sweepstakes. The central fraudster was the person in charge of securing the winning tickets. Powered by WPeMatico
There are some good lessons in this article on financial fraud: That’s how we got it so wrong. We were looking for incidental breaches of technical regulations, not systematic crime. And the thing is, that’s normal. The nature of fraud is that it works outside your field of vision, subverting the normal checks and balances … Read More “On Financial Fraud” »
Tom Standage has a great story of the first cyberattack against a telegraph network. The Blanc brothers traded government bonds at the exchange in the city of Bordeaux, where information about market movements took several days to arrive from Paris by mail coach. Accordingly, traders who could get the information more quickly could make money … Read More “1834: The First Cyberattack” »
Fake kidnapping fraud: “Most commonly we have unsolicited calls to potential victims in Australia, purporting to represent the people in authority in China and suggesting to intending victims here they have been involved in some sort of offence in China or elsewhere, for which they’re being held responsible,” Commander McLean said. The scammers threaten the … Read More “Kidnapping Fraud” »