No. 1 Story

Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

read more

Spyware scammer forced to repay $US4 million

IT Industry - Strategy

The US Federal Trade Commission has secured a court judgement against a company that extracted $US4 million from the public by infecting computers with spyware which convinced their owners to pay money for what purported to be a spyware eliminator.
The FTC alleged that Sanford Wallace and his company, Smartbot.Net, exploited a security vulnerability in Internet Explorer  in order to distribute spyware which caused the CD-ROM tray on computers to open and then displayed an on-screen “final warning!!” message that said, “If your CD-ROM drive’s open...You desperately need to rid your system of spyware pop-ups Immediately! Spyware programmers can control your computer hardware if you failed to protect your computer right at this moment! Download Spy Wiper NOW!”

The product which, purported to remove spyware sold for $US30.

In addition to ordering repayment of over $US4 million received through this scam, the  judgement also barred Wallace and his company from downloading spyware onto consumers’ computers; from downloading any software without consumers’ consent; from redirecting consumers’ computers to sites or servers other than those the consumers selected to visit; from changing any Web browser’s default home page; and from modifying or replacing the search features or functions of any search engine.

Similar orders were made against Jared Lansky and his company,  OptinTrade, an ad broker who disseminated ads containing Wallace’s spyware, and Lansky was ordered to give up $US227,000 received through this means.

Loading comments ...

- sponsored feature -

The Death of Traditional BI: What’s Next?

How to Make Business Discovery Work for Your Business IP PABX BUYING GUIDE

Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more