by Amar Toor on February 16, 2010 at 01:41 PM

The late economist Milton Friedman once famously said of free market economics, "There is no free lunch," and Washington D.C. politician John Capozzi later elaborated, "A free lunch is only found in mousetraps." So, why, then, have people been making so-called "easy money" off a new online market that reeks so strongly of a Ponzi scheme? Welcome to the bizarro world of freebie trading.
Freebie ...
by Warren Riddle on December 30, 2009 at 11:36 AM

Highlights from this morning's other big tech headlines....
The Nexus One, Google's entry into the cell phone market, is rumored to debut sometime in January. Those rumors are now significantly heating up with Google's announcement of a January 5th press conference. The event could include verification of the gadget's recently speculated price, which is expected to be $530 unlocked. [From: ...
by Tim Stevens on December 3, 2009 at 12:50 PM

When it comes to booking your next holiday retreat, there are a number of places in the world you'd probably be unlikely to visit if you value your safety -- places like Iraq, Somalia, or Detroit. Digital locations are apparently no different. Anti-virus and computer security company McAfee has a map for you, and red most certainly means don't go.
The company has done a search of worldwide ...
by Terrence O'Brien on November 19, 2009 at 08:35 AM

We're sure that you've all experienced the annoying post-purchase push to get you to subscribe to, sign up for, or buy something after hitting the check-out button at your (not so) friendly online retailer. Well, those often shady offers for rebates and big discounts are now the subject of a Senate Commerce Committee investigation.
These post-purchase scams often subscribe you to discount or ...
by Terrence O'Brien on November 16, 2009 at 04:00 PM

Usually when we're getting spammed and scammed by fake online pharmacies, we're being offered steep discounts on Viagra. But Russian gangs are turning their attention from 79-percent Pfizer discounts to offers for Tamiflu, the antiviral medication used to combat both the seasonal and swine flu.
Security firm Sophos claims to have intercepted hundreds of millions of fake flu-related spam ...
by Chris Morris on October 26, 2009 at 12:24 PM

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The increasing flood of e-mail hitting your inbox can lower the guard of even the most cautious person. In the rush to keep up with important notes, it's easier than ever to fall prey to the scam artists and identity thieves who lurk online.
E-mail scams and phishing attempts evolve constantly, hoping to take advantage of the latest trends and current events. Although the e-mails ...
by Terrence O'Brien on October 2, 2009 at 04:10 PM

Facebook has been beset by its share of scams, hacks, and attacks. The latest breach of security though is particularly worrisome, with fake profiles containing a link to a supposed home video flooding the site. If you click through, you'll be greeted with a piece of malware posing as an anti-virus program that tries to trick you into handing over credit card information to buy fake security ...
by Warren Riddle on October 2, 2009 at 06:38 AM

Grifters love Facebook, and there seems to be no limit to the ingenuity and creativity of the shadowy con-artists. According to the Counter Measures blog, a new scam has emerged, which may be connected to previous schemes, incorporating hacked accounts, new phishing techniques, and status updates that falsely appear to be posted via SMS. The scam began with phony spam status updates, actually ...
by Warren Riddle on June 30, 2009 at 07:15 AM

Social networking sites Twitter and Facebook have become popular hunting grounds for scammers, as updates and instant messages provide easy methods of attracting prey. A new phishing scheme has emerged this week, similar to previous Twitter and Facebook phishing scams, that incorporates direct messages with phony links. According to Mashable.com, on Monday morning, hundreds of tweets (reading ...
by Caleb Johnson on June 22, 2009 at 02:25 PM

What do Wimbledon, Iran, and Perez Hilton have in common? Not a whole lot other than the fact that all three are popular topics on Twitter right now. Mashable reports that Panda Security, an antivirus company, has found that scammers are posting fake tweets that include these popular topics and a link to a malware site. Sean-Paul Correll, a researcher at Panda Labs, described the scam in a blog ...
by Warren Riddle on May 15, 2009 at 12:57 PM

As Facebook continues its incredible growth, the target on its back for hackers and computer criminals keeps getting bigger and bigger. The social networking site -- which now boasts more than 200 million members -- has recently been the subject of a number of attacks, with the latest coming this week in the form of a new phishing scam.
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by Warren Riddle on May 15, 2009 at 07:11 AM

As Twitter's renown continues to globally expand, the micro-blogging site has provided endless discussion fodder for media talking heads. Most of the commentary has revolved around celebrities' high-profile tweeting, and whether or not the site is the ultimate platform for the narcissist in all of us. One aspect of the site that is beyond debate, however, is its appeal to spammers. According ...
by Chad Mumm on May 12, 2009 at 01:46 PM

Let's pretend for a second that you are a millionaire heir to a famous fortune. You've got tons of cash to blow, so why not spend it on a hot, young (and ambitious) sugar baby? The mistress angle is so played out, but thanks to new technology, you won't even have to proposition that aspiring actress bringing you your Pellegrino at Cipriani. SeekingArrangement.com will set you up with an ...
by Terrence O'Brien on May 4, 2009 at 04:39 PM

According to the Observer, mobile phone owners in the U.K. are battling the latest spam scourge to sweep across the globe: SMS spam. Though not as pervasive as the e-mail variety, spam text messages usually attempt to lure people into signing up for expensive services that offer adult materials or promise cash settlements from accidents. The problem has been pervasive for over a year in places ...
by Terrence O'Brien on April 30, 2009 at 02:02 PM

If you recently got a message in your Facebook inbox with links to FBAction.net, we hope you didn't follow them. If you did, we hope you at least didn't fall for the fake log-in screen that was waiting for you at the URL... This recent phishing attack has made its way across Facebook by leading users to a convincing looking -- but fake -- Facebook log-in screen. If you enter your information, ...