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What has an internet banking cyber crime cost a US bank in Kentucky?

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What has an internet banking cyber crime cost a US bank in Kentucky?

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SPAMfighter Users Spared from High Cost of Cyber Crime, Estimated to Be More Than $7 Billion… BOCA RATON, Fla. — According to Consumer Reports latest “State of the Net survey” computer users in the United States have lost $7 billion to cyber criminals in the past 2 years. The crimes people are falling victim to include phishing scams, viruses and spyware scams. Each day SPAMfighter removes around 12 million spam messages from 14 million tested emails received by over 3.6 million users in 216 countries/regions. SPAMfighter offers a variety of products to help protect against these cyber crimes. These include anti-spam, anti-virus, and anti-spyware software to help prevent computer users against becoming the next cyber crime victim. SPAMfighter draws its power from the fact that over 3.6 million users report spam as they receive it, with a single click. Once several users have reported the same spam message, it is automatically filtered for all other users. The result is that approxim

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http://voices.washingtonpost.com/securityfix/2009/07/an_odyssey_of_fraud_part_ii.html By Brian Krebs | July 2, 2009; 5:14 PM ET PC Invader Costs Ky. County $415,000 Cyber criminals based in Ukraine stole $415,000 from the coffers of Bullitt County, Kentucky this week. The crooks were aided by more than two dozen co-conspirators in the United States, as well as a strain of malicious software capable of defeating online security measures put in place by many banks. Bullitt County Attorney Walt Sholar said the trouble began on June 22, when someone started making unauthorized wire transfers of $10,000 or less from the county’s payroll to accounts belonging to at least 25 individuals around the country (some individuals received multiple payments). On June 29, the county’s bank realized something was wrong, and began requesting that the banks receiving those transfers start re

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