PayPal Security Flaw allows Identity Theft

Saturday, March 8th, 2008

A security flaw in the PayPal web site is being actively exploited by fraudsters to steal card numbers and other personal information belonging to PayPal users. The issue was reported to Netcraft today via our anti-phishing toolbar. The scam works quite convincingly, by tricking users into accessing a URL ...

Webroot uncovers thousands of stolen identities

Saturday, March 8th, 2008

Spyware researchers at Webroot Software. have uncovered a stash of tens of thousands of stolen identities from 125 countries that they believe were collected by a new variant of a Trojan horse program the company is calling Trojan-Phisher-Rebery. The FBI is investigating the stolen information, which was discovered on a password-protected ...

Used Hard Drives Retain Data in eBay Sale

Saturday, March 8th, 2008

Anybody with five bucks and a little patience may be able to score sensitive corporate data on eBay. Organizations engaging in the common practice of disk drive recycling--selling unneeded disk drives directly or through a service--may find that company data winds up for sale on eBay's auction site, even if the ...

How Common Is Identity Theft?

Saturday, March 8th, 2008

Wondering how likely you are to have your credit card number stolen? Well, according to a comprehensive survey conducted by the U.S. Department of Justice (DOJ), identity theft is affecting millions of households in the U.S each year and costing an estimated $6.4 billion per year. About 3 percent of all ...

Cryzip Trojan Encrypts Files, Demands Ransom

Saturday, March 8th, 2008

Virus hunters have discovered a new Trojan that encrypts files on an infected computer and then demands $300 in ransom for a decryption password. The Trojan, identified as Cryzip, uses a commercial zip library to store the victim's documents inside a password-protected zip file and leaves step-by-step instructions on how ...