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Protect Yourself From ACH Fraud

In the past I wrote about stealing money by ACH “wire” fraud via your computer.  This happens when your computer is infected by a virus or Trojan horse and cyber crooks then use the information or control to transfer your money out of your account.  Recently the FBI, US Secret Service, the Internet Crime Complaint Center and the Financial Services Information Sharing and Analysis Center issued a joint advisory to business on...

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A New Scam Hitting the United Kingdom

Today we are going to discuss a new scam hitting the United Kingdom and will soon be here. You receive a phone call from a professional call center offering you a lifetime license to a popular antivirus product.  The price is not too high and the product is a brand name so of course you consider it.  It’s fake.  None of the brand name products offer lifetime licenses.  If you accept the deal they will charge you for the product, may...

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Cyber Crime is a Major Growth Industry

According to PC World’s Tony Bradley Cyber Crime is a major growth industry with double-digit growth per year. Tony points out that the bar for entry to cyber crime is low, the overhead is minimal and the compensation is phenomenal.  The downside is that you might get free room and board for the remainder of your life.  Many cyber crooks live in Eastern European countries with Asia as a new entry into that industry.  There are risks...

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