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CFAA: Matthew Keys Convicted In Hack With Anonymous; Edward Snowden Tweets ’40 Minutes,’ ’25 Years’

Matthew Keys, an ex-employee with KTXL Fox 40 in Sacramento, has been convicted under the Computer Fraud and Abuse Act (CFAA) on three hacking charges. The actual hacking was purported to be carried out by members of the “Anonymous” Internet vigilante group. Show More Summary

Ex-Reuters social media editor Matthew Keys found guilty of 3 federal counts of hacking

yesterdayHumor / odd : Boing Boing

That was bullshit. — Matthew Keys (@MatthewKeysLive) October 7, 2015 A jury in Sacramento, California, today found former Reuters deputy social media editor Matthew Keys guilty of computer hacking under the Computer Fraud & Abuse Act (CFAA). (more…)

Expect more online fraud as new credit cards arrive

People attempting to commit fraud online buy card numbers and other information from hackers who invaded computers systems at companies such as Target Corp. and Home Depot Corp. Then they use the stolen card numbers to make online purchases. Technology...Show More Summary

Here's why Americans are getting new credit and debit cards

The move is part of a drive by the banks and payment companies to get people to use the new, more secure cards embedded with computer chips. Roughly half of all global credit card fraud occurs in the U.S. even though the country makes...Show More Summary

Federal authorities seize assets of digital-currency company Gemcoin accused of fraud

Federal authorities have raided the offices of Gemcoin, a digital currency company based in Arcadia that's accused of bilking about $32 million from Chinese and U.S. investors, removing computers and boxes of evidence and locking the doors.  The raid comes on the heels of a U.S. Securities and...

Over 200 million chip-enabled payment cards issued in the U.S.: group

By Nandita Bose CHICAGO (Reuters) - In an effort to reduce counterfeit and credit card fraud more than 200 million payment cards have been issued with embedded computer chips in the U.S., ahead of a Oct. 1 deadline for the switch to such cards, according to the Smart Card Alliance. Show More Summary

The Trial of Matthew Keys, the Journalist Who Allegedly Aided Anonymous, Begins

Matthew Keys allegedly used his old employee login to deface news articles. He now stands trial for charges under the Computer Fraud & Abuse Act.

One Sign That You’re The Next Victim Of Phone Fraud Is Absolute Silence

Have you ever gotten a call and answered, but there was no one there. Well, the truth is, there probably was someone there, a robot. Scammers can set up computer systems to dial your number to detect if a human answers. Once you answer the computer will mark you down as a human and therefore... Show More Summary

Finland detains Russian accused of U.S. malware crimes

HELSINKI (Reuters) - Finland confirmed on Thursday it has detained a Russian citizen, Maxim Senakh, at the request of U.S. federal authorities on computer fraud charges, in a move that Russia calls illegal.

Anthony Pellicano's Prison Sentence Vacated by Appeals Court

The imprisoned private eye's sentence for computer fraud was vacated for further proceedings. read more

Pastor Caught in $30M Insider Trading Ring Says 'I Know in My Heart I am Clean Before the Lord'

A Pennsylvania pastor who was arrested last Tuesday for his alleged involvement in what the FBI has called the largest known computer hacking and securities fraud scheme — that yielded some $30 million in illegal profits — told his congregation Sunday that he was innocent, and that "I know in my heart I am clean before the Lord."

White Collar Watch: Hacking Case Raises Question on Securities Fraud

Stealing corporate information from computers to make trades certainly looks like insider trading, but it can depend on court jurisdiction.

Pennsylvania Pastor Indicted in Largest Known Computer Hacking and Securities Fraud Scheme That Yielded $30M in Illegal Profits

Vitaly Korchevsky, a 50-year-old pastor from Glen Mills, Pennsylvania, was among nine people charged in two indictments Tuesday for allegedly being involved in an international hacking and securities fraud scheme that used unpublished...Show More Summary

Global fraud involved computer hacking, insider trading, officials say

2 months agoHealth : Booster Shots

As told by federal authorities, it was the ultimate cyber-era criminal mash-up: an elaborate computer hacking operation to enable a global and lucrative insider trading scheme.

Ukrainian Stock Scam May Be Fraud, But Is It Insider Trading?

It may look like insider trading, but the government is basing the Ukrainian hacker case on computer fraud and conspiracy.

Hackers Grabbed Press Releases Before They Went Public to Game Stocks, Officials Say

2 months agoNews : Newsweek: US

Updated | U.S. authorities on Tuesday charged nine people in federal court in the largest known computer hacking and securities fraud scheme of its kind ever prosecuted, according to the U.S. Department of Justice. Officials chargedShow More Summary

This 80s-era criminal hacking law scares cybersecurity researchers

2 months agoTechnology : Post Tech

LAS VEGAS -- Since it was instituted in the 1980s, the Computer Fraud and Abuse Act has been the government's primary tool for going after malicious hackers. But it's also has drawn the ire of cybersecurity researchers who fear the law is too broad -- and potentially criminalizes some of the things they do to […]

How a Lotto Worker Tried To Rig a Jackpot with Self-Destructing Software

3 months agoTechnology / Gadgets : Gizmodo

An ex-Lotto employee who tried to get rich by installing secret software onto the computer that picks Lotto winners has been convicted of fraud for trying to rig a $14.3 million jackpot. Read more...

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