Visa has begun threatening banks that harbour spammer accounts in a move designed to crush the spam revenue model.
The initiative, described as a “major effort”, had been quietly underway since the start of the year and has already forced the closure of accounts held by major spam players.
The cybercrime underground is expanding each day, yet the longer I study it the more convinced I am that much of it is run by a fairly small and loose-knit group of hackers. That suspicion was reinforced this week when I discovered that the author of the infamous ZeuS Trojan was a core member of Spamdot, until recently the most exclusive online forum for spammers and the shady businessmen who support the big spam botnets.
Facebook and the state of Washington have filed separate lawsuits against West Virginia-based Adscend Media LLC, alleging the company was responsible for spreading malware through Facebook and for stealing personal information from users of the social networking site.
The Russian man who Microsoft has accused of being the mastermind behind the Kelihos botnet has taken to his blog to deny the allegations.
"I did not commit this crime, [have] never participated in the management of botnets and any other similar programs and especially not extracted from it any benefit," Andrey Sabelnikov wrote Friday in a translated post on LiveJournal. The entry was directed to Microsoft and Kaspersky Labs, which also reportedly was involved in the takedown of Kelihos.
Nokia has been fined by Australian regulators for spamming its customers with text messages, Reuters reports. The company will have to pay AUS$55,000 for sending SMS marketing messages for its products and services alongside "tips" on how customers can best use their phones, but without offering a way to unsubscribe to the messages.