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Tag: FRAUD

McAfee in court over misleading pop-up adverts, unwanted purchases

Advertising makes the Internet go round, but it's also become a tremendous problem. Between unsavory malware peddlers injecting their nefarious scripts into unsuspecting sites and misleading software ads tricking people into installing useless registry and driver tools, it's no wonder ad blocking has become so commonplace. And now McAfee, longtime developers of security-related software, are ...

Windows not fit for online banking, says Washington Post blog

It would be easy for Linux and Mac users to point to this blog post by Brian Krebs at the Washington Post's Security Fix and feel smug. The post flat out states that the simplest, most cost-effective way to avoid online fraud is: "Don't use Microsoft Windows when accessing your bank account online." If you're a Windows user, ouch. But hold on a second. The thing is, Krebs isn't endorsing the Mac ...

Twenty years for a phisher

What's better than spam? How about seeing a man found guilty of operating a phishing scheme face 101 years in prison? A 45 year old man in California was recently found guilty of posing as AOL's billing department and tricking people into giving him their credit card information, by using hacked Earthlink accounts and fraudulent web pages. Under the glorious Can-Spam Act, this guy has been ...

McAfee fined $50 million

Veteran security and anti-virus company McAfee has agreed to pay a $50 million fine for inflating its revenues by $622 million between 1998 and 2000—131% in 1998 alone. According to Red Herring, "McAfee consented to pay the multimillion-dollar penalty to the SEC without admitting or denying the allegations of the complaint." The SEC will distribute the fine among investors. [Via ...