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Category: consumer protection

The South African Tender Scam (ZA Tender Scam)

The South African Tender Scam (ZA Tender Scam)

The South African tender scam has been targeting businesses in Southern Africa for a while. While it’s a procurement scam targeting businesses, which in itself isn’t unique, the execution of it is and is identifying. It has already led to devastating financial losses, forcing many smaller business to close their doors in South Africa, resulting in job losses. This is at a time when the South African economy can ill afford it. Typically new naive, or unaware business owners, easily…

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BEC, a Metamorphosis of Advance Fee Fraud

BEC, a Metamorphosis of Advance Fee Fraud

BEC (Business Email Compromise) has gained more and more attention lately. Most recent statistics show $26 billion in losses the past three years. The sad reality is that BEC could have been avoidable if Advance Fee Fraud (AFF) had been recognized earlier as the threat it is and dealt with appropriately. Inaction on basic levels, despite alerts for the past 16 years from Artists Against 419, allowed these actors to escalate to unknown heights. BEC is the end product of…

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Tick Tock – time is up. Exposing ICANN Policy …

Tick Tock – time is up. Exposing ICANN Policy …

For the past few years Artists Against 419 has seen mass abuse of domains, with blatant fake registration details, being ignored by ICANN and certain contracted parties. The domains of concern are domains being abused in Advance Fee Fraud to defraud consumers, yet this isn’t important to ICANN. In the mean time we’re in contact with victims and law enforcement, we see annual losses escalating at shocking rates. Some registrars and registries care, they try their best to mitigate abuse…

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DNS Abuse Dominoes

DNS Abuse Dominoes

While ICANN, the regulators and the various interest groups are debating the definitions of DNS abuse, what constitutes a security threat and is within their responsibility (or rather not), what’s wrong in this area, fraudsters don’t care about these shenanigans. They’re exploiting DNS to their own advantage in well defined illegal activities. The rules made when the Internet was young, seems unable to keep the steps with current realities. The divide between the ideal Internet in the regulators’ model and…

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Avast highlights the failing in consumer protection

Avast highlights the failing in consumer protection

Sometimes we can learn a lot from what experts in their field of operation publish. Ironically we saw this yesterday again when Avast, a large anti-virus vendor, quoted an article by John Wasik on Forbes: All online scams have one thing in common: They want to tap your greed to get at personal information they can steal. These “phishing” ruses are happening 24/7. A typical banking scam will ask for information so the scammer can access anything from your credit…

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