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
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.
The imprisoned private eye's sentence for computer fraud was vacated for further proceedings. read more
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."
Stealing corporate information from computers to make trades certainly looks like insider trading, but it can depend on court jurisdiction.
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two indictments Tuesday for allegedly being involved in an international hacking and securities fraud scheme that used unpublished...Show More Summary
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.
It may look like insider trading, but the government is basing the Ukrainian hacker case on computer fraud and conspiracy.
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
29-year-old tutor was charged with 20 counts of computer access and fraud.
Meet the Computer Fraud and Abuse Act.
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 […]
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...
An Estonian national has pleaded guilty in a US court to charges stemming from a cyber fraud scheme that infected millions of computers worldwide, US Attorney Preet Bharara said in a statement on Wednesday.
Matt Rourke/AP By JOYCE M. ROSENBERG NEW YORK -- New credit and debit cards with computer chips are putting the squeeze on small businesses. The cards being rolled out by banks and credit card companies are aimed at reducing fraud from counterfeit cards. Show More Summary
WASHINGTON (AP) — An immense hack of millions of government personnel files is being treated as the work of foreign spies who could use the information to fake their way into more-secure computers and plunder U.S. secrets. Federal employees...Show More Summary
The news from 56-year-old old outsourcing IT company Computer Sciences Corp keeps going from bad to worse. In the last year, it's suffered layoffs, filed a lawsuit against a CEO whose company it bought, and announced plans to split into two companies to combat falling revenues. Show More Summary
These are strange times for the 56-year-old IT giant, Computer Sciences Corp. CSC has filed a lawsuit accusing one of its star executives, Eric Pulier of fraud connected to an alleged bribery scandal in Australia. CSC is accusing Pulier — former CEO of ServiceMesh, which CSC bought — of making "authorized payments" to two Australian bank executives. Show More Summary
Imagine a computer that could sift through millions of financial transactions in real time to detect fraud or look for signs of insider trading, and do it exponentially faster than the most powerful computers in the world today. Read full article >>
Yesterday, we wrote about an important new bill, Aaron's Law, from Senators Ron Wyden and Rand Paul and Rep. Zoe Lofgren. It's a fix to many of the problematic aspects of the Computer Fraud and Abuse Act (CFAA). If you're unaware, the...Show More Summary