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The WiKID Blog

Viewing posts tagged Phishing and Fraud

7-easy-steps-to-maximizing-your-fraudulent-stock

The SEC has noticed a dramatic rise in fraud against online brokerage accounts. This is a very interesting article in that it shows how an attacker can take over accounts and make money without necessarily removing money from those accounts. All they need is a couple of "legitimate" account that the fraudsters open, a thinly traded small-cap stock and to control a couple of pwned accounts with enough money to manipulate the targeted stock. The article describes "pumping" as using pwned accounts to drive up the price of stocks that you hold. However, you can also make money on the way down:

dns-and-mutual-authentication

Once again, Amit Klein has hacked DNS. Once again, we'll say if you are doing high-value web-based transactions, you should consider using Mutual Authentication for HTTPS.

spam-and-the-fortune-1000

There is an interesting article on the Register about bots in large company networks. I always assumed that the massive bot armies of spammers and phishers consisted of the PCs of unsophisticated home users. I think this has tremendous implications. If you're PayPal and Oracle is sending PayPal spam, can you do something about it? Yes, I think.

banks-seek-tighter-security-from-vendors

According to today's WSJ, 6 big US banks and BITS will announce security standards for their vendors. This action shouldn't come as a surprise, since the banks are essentially following in the footsteps of VISA and Mastercard and their CISP/PCI standards that attempt to secure the credit card industry - especially since the banks own VISA and Mastercard.

security-issues-with-googles-anti-phishing-tool

There is a great post by Nitesh Dhanjani over at O'Reilly about his security concerns about their Safe Browsing for Firefox extension.

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