The Federal Trade Commission filed a suit against Wise Media this week, accusing the company of slipping unauthorized charges into consumer cellphone bills. Wise Media allegedly charged cellphone users fees for services to which they'd never subscribed, a practice referred to as "cramming." The comp...
The U.S. Federal Bureau of Investigation has arrested dozens of alleged cybercriminals in an international sting to crack down on Internet fraudsters. The arrests were the result of a two-year global sting operation conducted by the FBI and designed to nab hackers in "carding" crimes, in which perpe...
A Nevada judge has ordered that 228 online domains belonging to outfits that sell counterfeit Chanel items be seized, shuttered and removed from social networks and search engines. The case has raised questions regarding the control of Internet fraud in a widespread global marketplace and what const...
Seven members of a massive alleged Internet fraud ring have been charged by the U.S. Attorney for the Southern District of New York. The ring infected more than 4 million computers worldwide with malware and rerouted online searches fraudulently to websites and ads, which then paid the ring's member...
You've seen the ad a thousand times on the Internet: "1 Tip for a Tiny Belly" says the hand-lettered headline above the crudely drawn swelling-and-shrinking belly. "Cut down a bit of your belly everyday following this one weird tip," it goes on to say. If starvation caused by having funds continuous...
Social networking sites like Twitter, Facebook and LinkedIn have entered the mainstream -- and fraudsters are taking notice. In recent months, Fox News Network, CNN Anchor Rick Sanchez, and even President Obama have suffered high-profile hacks of their Twitter accounts. Public figures like Bill Gate...
A troubling up-tick in the frequency of Internet fraud attempts and the growing use of more sophisticated botnets and crimeware is leading a growing number of organizations to enlist the services of specialized Internet anti-fraud security services. Operating in a digital realm beyond the reach of l...
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 ...
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...
Good - It's entertaining and makes sporting events more interesting.
Bad - It increases the risk of gambling addiction and financial loss.
Neutral - The benefits and drawbacks are equally significant.
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The Container Store Enlists Vibes for Smart Mobile BTS Marketing
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