Wednesday, November 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HP Reports Fiscal 2014 Full-Year and Fourth Quarter Results
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Sony To Provide Refunds To Users Over Misleading Ads For PlayStation Vita
Blu-ray Movie Discs Used As Templates For Improving Solar Cell Performance
PC Outlook Remains Cautious
Trade Your iPhone for BlackBerry Passport And Get $550
GreatFire.org Unblocks BBC Chinese
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 22, 2006
Microsoft Brings 129 Lawsuits Against Phishers


Microsoft is helping law enforcers hunt down criminals who try to steal bank account details on the Internet and has initiated 129 lawsuits in Europe and the Middle East, the U.S. software company said.

One court case in Turkey has already led to a 2.5-year prison sentence for a so-called "phisher" in Turkey, and another four cases against teenagers have been settled out of court, Microsoft said on Wednesday, eight months after it announced the launch of a Global Phishing Enforcement Initiative in March.

"Sometimes we initiate our own legal action, but more importantly we work with law enforcement agencies," said Nancy Anderson, deputy general counsel at the software company.

Of the 129 lawsuits that have been initiated, 97 are criminal procedures in which Microsoft and other technology companies have provided information.

The announcement was made at a European Union conference on identity theft in Brussels.

Phishing has mushroomed over the last few years, with the number of attempts to trick citizens into handing over their bank account details almost doubling in the first half of 2006 to 157,000, according to a recent report from security software vendor Symantec .

The total amount of damages from phishing is expected to be $2.8 billion in 2006 alone, research group Gartner estimates.

Phishers send emails, in which they pretend to be a financial institution or other legitimate organization, asking people to verify personal information such as account numbers and passwords.

While criminal complaints are aimed at what Microsoft believes to be real criminals, the civil lawsuits are aimed mainly at young people without criminal intent. For them, settlements of 1,000 to 2,000 euros ($1,290-$2,570) are deemed to be enough of a deterrent, Microsoft said.

Microsoft can initiate civil lawsuits even when it is not the target of identity theft, because legal systems in many countries allow anyone suffering from attacks to claim damages.

The U.S. company has an investigative team at its headquarters in Redmond, Washington, which uses Web-crawling software and customer complaints to find out where attacks are taking place. Old-fashioned investigative techniques are then used to discover the identity of the phishers.

Before legal action was taken, 253 cases were investigated. Most of the investigations and 50 of the criminal complaints were filed in Turkey. Germany was second with 28 criminal complaints and France third with 11.

Britain led the civil orders with 18 out of a total 32.

Cases were also filed in Dubai, Italy, Morocco and the Netherlands.


Previous
Next
Office Unfazed by Google Threat        All News        Samsung Launches a New Mobile TV Phone in Italy
Office Unfazed by Google Threat     General Computing News      Microsoft Explains Vista ReadyBoost

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Slashes Prices Of Xbox One, Surface 3 For Black Friday
Samsung Loses Bid Against Microsoft
Microsoft To Offer Digital Services To Real Madrid Soccer Fans
Microsoft Surface Pro 3 Update Fixes Bugs
Microsoft's 3D Soundscape Technology Research Helps Visually Impaired
Microsoft Buys Cloud-security Company Aorato
Microsoft Takes .NET Open Source and Cross-platform, Adds New Capabilities With Visual Studio 2015, .NET 2015 and Visual Studio Online
Microsoft Bundles Office, Xbox, Skype for $199, Introduces Skype for Business
Lumia 535 Is Official
Microsoft and Dropbox Announce Surprising Collaboration On Mobile
Microsoft Introduces The Microsoft Health And Band
Microsoft To Embrace Real-Time Browser-based Calls

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .