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Submission + - 3.2 Billion Lost To Phishing in 2007 (fastsilicon.com)

Submitted by
mrneutron2003
mrneutron2003 writes: "Gartner's latest survey into the realm of phishing attacks paints a rather bleak picture for 2007, with a record estimated loss of $3.2 Billion (that's Billion, with a B) U.S. Dollars. Overall loss per incident fell (to $886 from $1,244 lost on average in 2006) but the numbers of individuals who fell victim rose quite sharply from 2.3 Million in 2006 to a staggering 3.6 Million. Though online portals Paypal and eBay remained the most spoofed brands, it appears phishers are getting more creative utilizing fake electronic greetings cards, foreign businesses, and charitable organizations in their attacks on consumers. Furthermore these criminals are increasingly targeting debit card and banking credentials rather than credit cards, because the fraud protection mechanisms there are far weaker, according to a study done at The University of California at Berkeley.

http://www.fastsilicon.com/latest-news/3.2-billion-lost-to-phishing-in-2007.html"
Businesses

Submission + - An Ebay Sale is a Sale

Submitted by syousef
syousef writes: An Ebay Sale is a Sale says an Australian New South Wales State Judge in a case where a man tried to reneg on the Ebay sale of a 1946 World War II Wirraway aircraft. The seller tried to reneg because he'd received an offer $100,000 greater than the Ebay sale price elsewhere. The buyer who had bid the reserve price of $150,000 at the last minute took him to court. "It follows that, in my view, a binding contract was formed between the plaintiff and the defendent and that it should be specifically enforced," Justice Rein said in his decision. All dollar figures are in AUD.

WizKids Sues Wizards of the Coast over Game Patent 104

Posted by Zonk from the uncomfortable-gen-con-this-year dept.
An anonymous reader writes "WizKids Games (makers of the HeroClix games) is suing Wizards of the Coast (makers of Magic: the Gathering), seeking judgment that their Pirates game does not infringe on a recently granted patent. From the article: '[T]he suit claims that WOTC contacted WizKids via a letter in May 2004 concerning the filing of the patent, and that WOTC asserted that WizKids Pirates game fell squarely within many of the proposed claims of the pending patent application. WOTC warned that when the patent [was] issued, WOTC would have the right to sue WizKids for an injunction and damages. WOTC threatened that it would take legal action against WizKids if or when a patent was allowed if WizKids did not cease and desist selling its Pirates game.' The suit asks the judge to declare that the Pirates game does not infringe and seek to stop Wizards of the Coast from pursuing any legal action. The patent in question is for a 'Constructible Strategy Game,' where players build models from punch-out cards sold in booster packs. The Pirates game seems to fit the patent description perfectly."

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