‘The Biggest Marketplace on the Dark Web’ Gets Busted by Authorities

On July 4th, AlphaBay Market went down and scared the hell out of users. One of, if not the most popular destination for illicit goods on the dark net, the site took over Silk Road’s throne after its founder was arrested. According to a new report, AlphaBay has suffered the same fate and international authorities have shut it down. Read More >>

Bank Cards With a Screen Could Come to Foil Fraudsters

Your bank card might soon be really interesting to look at, as it's possible that a small screen may be embedded into future models in order to better combat the use of stolen card details. Read More >>

If You Ordered a Rare Indian Root Online, It’s Probably Just a Dried Lizard Penis

The Hatha Jodi root is believed to bring good luck, allegedly because it looks like two praying hands. You know what also looks like two praying hands? Dried lizard penis. And poachers have noticed. Read More >>

Thai Click-Fraud Farm Busted Using Wall of iPhones

Three Chinese citizens were arrested in Thailand on Sunday after a police raid uncovered a massive click-fraud operation of roughly 500 smartphones, mostly iPhones, and an estimated 350,000 SIM cards. The men reportedly admitted to using the phones to inflate the number of clicks on ads in WeChat, China’s largest messaging app. Read More >>

Have You Fallen in Love With a Template Letter?

A new campaign is warning people who cruise dating sites to be on the lookout for scams, as the loneliest of heart are apparently being attacked and made to fall in love with criminals via the means of a stock series of romantic messages. Read More >>

The Untold Story of Napoleon Hill, the Greatest Self-help Scammer of All Time

Napoleon Hill is the most famous conman you’ve probably never heard of. Born into poverty in rural Virginia at the end of the 19th century, Hill went on to write one of the most successful self-help books of the 20th century: Think and Grow Rich. In fact, he helped invent the genre. But it’s the untold story of Hill’s fraudulent business practices, tawdry sex life, and membership in a New York cult that makes him so fascinating. Read More >>

You Don’t Need Anti-Virus Software for Your Life

Yesterday security company Symantec, best known for its consumer anti-virus programs, spent $2.3 billion on a company called LifeLock. LifeLock is a so-called “identity protection” provider that is supposed to help alert its subscribers to odd activity on their accounts. Read More >>

This Bank Card Changes Your Security Code Every 60 Minutes

Fraudsters everywhere, there may be trouble ahead. French digital security firm Oberthur Technologies has come up with a method for making stolen bank cards useless after an hour, and we hope it works. Read More >>

An Email Scam Cost One of Europe’s Biggest Companies £33 Million

Earlier this month, Leoni AG, one of the world’s largest manufacturers of wires and electrical cables, informed investors that the German company lost almost 40 million euros (or about £33 million) to online scammers. Today, we finally know how: according to investigators, the thieves simply spoofed emails to look like official payment requests, a tactic known as “CEO fraud”. Read More >>

Crime Rate Doubles After True Scale of Internet Offences is Revealed

England and Wales are officially twice as bad as they were last year, and it’s all thanks to the internet. Well, sort of. The Office for National Statistics (ONS) has, for the first time, included online offences and fraud as part of its official statistics. Read More >>

Bank Transactions Should be Delayed to Protect the Vulnerable, Says Report

An organisation looking at ways to reduce banking fraud -- particularly among elderly and vulnerable groups -- says there should be an option to enforce a delay on the processing of all large transactions, with the mooted system including a notification being sent to an elected carer of family member to make sure that grandad really was trying to transfer £10,000 into an online casino wallet. Read More >>

Police Stage Major Raid of Google’s Paris Offices Amid Tax Fraud Allegations

Google’s offices in Paris have been raided by the police over investigations relating to tax fraud. Read More >>

Hackers Stole £8.7 Million From Japanese ATMs in Less Than Two Hours

A rash of major breaches in recent years proves that your credit card information is hardly safe. But a recent heist in Japan shows that hackers are getting scarily good at turning that data into cold hard cash. In this case, coordinated ATM withdrawals with cloned credit cards netted criminals £8.7 million in just two hours. Read More >>

You’d Never Spot These Hidden Card Skimmers That are on the Rise

Watch where you put your card. The ATM security organisation EAST has published a new report pointing out that the use of so-called Throat Inlay Skimming devices — which are hidden within the card slot — are increasingly common. Read More >>

Dodgy TalkTalk Staff and a 4-Year-Old Password Allegedly Aided Fraudsters

It's out of the fire and into an even bigger one for TalkTalk. A new report from The Register suggests that staff may have sold critical information to fraudsters, comprising customers' names, addresses, dates of birth, account numbers, landlines and mobile numbers. Read More >>