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Security

+ - Banks Faulted for Fake Antivirus Scourge->

Submitted by
krebsonsecurity
krebsonsecurity writes "Merchant banks that process credit card payments for fake antivirus or "scareware" exhibit a distinctive pattern of card processing that could be used by Visa and MasterCard to weed out the rogue processors, according to a new study by the University of California, Santa Barbara. From the study: "The UCSB team found that the fake AV operations sought to maximize profits by altering their refunds according to the chargebacks reported against them, and by refunding just enough to remain below a payment processor’s chargeback limits. Whenever the rate of chargebacks increased, the miscreants would begin issuing more refunds. When the rate of chargebacks subsided, the miscreants would again withhold refunds." The study also highlights how few customers ever request a refund, and how affiliates pushing this junk software made more than $133 million."
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Security

+ - Exploits Against New Adobe Flash Zero Day->

Submitted by
krebsonsecurity
krebsonsecurity writes "Attackers are exploiting a previously unknown security flaw in Adobe's ubiquitous Flash Player software to launch targeted attacks, Krebsonsecurity.com reports. The attacks come less than three weeks after Adobe issued a critical update to fix a different Flash flaw that crooks were similarly exploiting to install malicious software. The attack so far have embedded malicious Flash elements inside of Microsoft Word files. Adobe said it is investigating the attacks, and plans to issue an advisory today."
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Facebook

+ - Winklevii Lose Legal War With Facebook->

Submitted by Velcroman1
Velcroman1 (1667895) writes "The billionaire's battle over the founding of Facebook is finally over. The 9th U.S. Circuit Court of Appeals said Monday that Tyler and Cameron Winklevoss — the former Harvard University classmates of Facebook founder Mark Zuckerberg — can't undo their settlement over the social networking site. The appeals court ruled that the twins were savvy enough to understand what they were agreeing to when they signed the agreement in 2008, a deal that called for a $20 million cash payment and a partial ownership of Facebook.

The twins had alleged they were misled about Facebook's value when they agreed to settle their lawsuit that claimed Zuckerberg stole their idea to launch Facebook."

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+ - File sharing case argued in appelate court-> 1

Submitted by luge
luge (4808) writes "Harvard students, along with Prof. Charlie "eon" Nesson, took the next step in Joel Tennenbaum's case against the RIAA this week, presenting their arguments on the unconstitutionality of huge copyright damages to a panel of the First Circuit Court of Appeals (one level below the Supreme Court.) Serious junkies can hear the audio recording of the discussion here. This is an appeal of last summer's ruling, which reduced Tennenbaum's damages — to $2,000 per song. The appellate court's ruling could come in a few months."
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Comment: Re:They Authorised The Charge (Score 1) 173

by krebsonsecurity (#33052398) Attached to: Rogue Anti-Virus Victims Rarely Fight Back
Everything you said is true and makes sense. However, what we are dealing with here are by-design fly-by-night companies that are in existence long enough to snag a few thousand victims, and then they vanish into thin air. There is no recourse in those cases for the victim/customer to obtain redress from the "company" that sold the bogus product: It simply doesn't exist anymore. And it's not like this is an accident: This is all part of the plan. If the so-called businesses spreading rogue anti-virus had to stay in business for more than a few weeks, they'd go broke from all the chargeback fees. The question is, who pays those chargeback fees when the company that incurred them is no more?
Security

+ - Rogue Anti-virus Victims Rarely Fight Back->

Submitted by krebsonsecurity
krebsonsecurity (1714228) writes "One big reason why rogue anti-virus continues to make major bucks for scam artists? Relatively few victims ever ask their credit card company or bank to reverse the charges for the phony security software — even when the victims don't even receive the worthless software they were promised. I recently found several caches of data for affiliates of a rogue anti-virus distribution program, and the data showed that in one set of attacks only 367 out of more than 2,000 scammed disputed the charge. A second rogue anti-virus campaign scammed more than 1,600 people, and yet fewer than 10 percent fought the charges."
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Security

+ - German Fraud Forum Carders.cc Exposed->

Submitted by krebsonsecurity
krebsonsecurity (1714228) writes "Carders.cc, a German online forum dedicated to helping criminals trade and sell financial data stolen through hacking, has itself been hacked, writes Krebsonsecurity.com. From the story: "The once-guarded contents of its servers are now being traded on public file-sharing networks, leading to the exposure of potentially identifying information on the forum’s users as well as countless passwords and credit card accounts swiped from unsuspecting victims." The data posted onto Rapidshare includes the e-mail and IP address of each user, in addition to what appears to be all of the public and private communications among forum users."
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+ - Does an Associates Matter Anymore?

Submitted by n2kzo1
n2kzo1 (1808450) writes "Dear Slashdotters; Does an “associates” degree matter anymore? Specifically does it matter in my situation; I work in the tech industry, but I didn’t get my college degree back in my 20’s. Last year (and almost a year before that) I started going to an adult-oriented online college. (My employer has been reimbursing my class costs, as I finish each class.) However, the online college put me onto a bachelors track and told me I didn’t need an associates. (By the way I’ve been in the tech industry for about 15 years, and have several tech-certs.) I’ve taken about 6 months off from the online college to pursue another (more demanding) technical certification. Soon I will be returning to online college classes. I’ve only completed about 30% of my bachelors. I was thinking of asking the online college to switch me to an associates track, and I’m guessing I would only need a few more classes to finish that, and then I could go back to my bachelors track later. But, in my situation, does the “associates” degree even matter? Or should I just continue getting my bachelors and forget about the associates? Eventually I would like to someday complete a masters degree. I’m in the US, and the bachelors would be a Bachelors of Science in Business Administration. p.s. – There may be several hours in-between my responses (here), because this site is blocked at my job."
Robotics

+ - Tony Robbins, Sergey Brin Become Robots ->

Submitted by kkleiner
kkleiner (1468647) writes "If you are like me, you have been somewhat skeptical of the whole telepresence robot idea. Yet after seeing Sergey Brin and Tony Robbins attend a recent Xprize event via Willow Garage's Texai telepresence robot, consider me convinced that the telepresence robot revolution is indeed for real. In the future, individuals will probably be able to rent out time on telepresence robots at events all over the world."
Link to Original Source
Spam

+ - Russian Anti-Spam Advisor Accused of Spamming->

Submitted by
CmdrTaco
CmdrTaco writes "Keith noted that Krebs has an interesting story on a businessman in Russia
being accused of
running a spam ring while serving as an anti-spam advisor to the Russian government. It's a strange tale including an investigation in 2007 that was abandoned when the Chief investigator was actually hired to work for the spammer."

Link to Original Source

+ - Obama sends nuclear experts to tackle BP oil spill-> 1

Submitted by Anonymous Coward
An anonymous reader writes "The US has sent a team of nuclear physicists to help BP plug the "catastrophic" flow of oil into the Gulf of Mexico from its leaking Deepwater Horizon well, as the Obama administration becomes frustrated with the oil giant's inability to control the situation. The five-man team – which includes a man who helped develop the first hydrogen bomb in the 1950s – is the brainchild of Steven Chu, President Obama's Energy Secretary."
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You see but you do not observe. Sir Arthur Conan Doyle, in "The Memoirs of Sherlock Holmes"

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