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Date archive: October 2012

Scareware Virus Ringleader Ordered To Pay $163 Million

Scareware Virus Ringleader Ordered To Pay $163 Million

 The fake software in question, often referred to as scareware, fake antivirus, or fake AV, is part a social-engineering scamdesigned to trick users into thinking their PC contains viruses, system errors, spyware, or pornography.   Acting on a Federal Trade Commission complaint, a federal court has imposed a $163 million judgment on a woman who allegedly…

FBI Internet Scam

FBI Internet Scam

‘Ransomware’ Locks Computers, Demands Payment There is a new “drive-by” virus on the Internet, and it often carries a fake message—and fine—purportedly from the FBI. “We’re getting inundated with complaints,” said Donna Gregory of the Internet Crime Complaint Center (IC3), referring to the virus known as Reveton ransomware, which is designed to extort money from its victims. Reveton is described…

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