10/29/2007 - Research firm Gartner has estimated that ATM and debit-card fraud resulted in $2.75 billion in losses in the 12 months ending in May 2005. Most, it says, resulted from phishing and keystroke-logging attacks that capture account information and PINs. However, research from TowerGroup, a global financial-services advisor, estimates these losses to be much lower, with less than one percent of fraud losses coming from phishing. Most losses, it says, are from stolen cards and card skimming.@ Criminals Exploit Consumer Bank Account and ATM System Weaknesses is $95 through the Gartner Web site. Turning Phishing into Cash: Criminal Convenience at the ATM? is available from TowerGroup for $1,750; a summary is at SM Online.
10/29/2007 - A bill (S. 1408) that would set national standards requiring businesses to report data security breaches to its customers has been approved by the Senate Commerce, Science, and Transportation Committee. tracking system for all radiation sources in the United States.
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In billions of dollars, the estimated annual global trade in illegitimate (counterfeited and pirated) goods, according to Interpol and the World Customs Organization. That’s up from $5.5 billion in 1982.