News Posts matching #fraudulent

Return to Keyword Browsing

MSI Warns Against Malicious Afterburner Website

MSI is informing the public of a malicious software being disguised as the official MSI Afterburner software. The malicious software is being unlawfully hosted on a suspicious website impersonating as MSI's official website with the domain name https://afterburner-msi.space. MSI has no relation with this website or the aforementioned domain.

The fraudulent website imitates MSI's official webpage appearance and design, and offers downloads for MSI's Afterburner. This webpage is hosting software which may contain virus, trojan, keylogger, or other type of malicious program that have been disguised to look like MSI Afterburner. The Public is warned not to download any software from this website!
Update May 14th: TechPowerUp Forums member silentbogo detected the host and CDN behind the malicious Afterburner app, and reported it to them. In response to these reports, the CDN, Hipolink, has deleted the accounts responsible for this, while the host, timeweb.ru, said that they are investigating this. Our Kudos to silentbogo.

Zalman Files for Bankruptcy for Major Financial Fraud by Parent Company

Popular PC cooling products maker Zalman filed for bankruptcy, in midst of a huge controversy by its parent company Moneual. Executives of Moneual cooked-up sales and export figures from Zalman to markets like the United States, in a bid to pick up large fraudulent loans for the company, which it could never pay off, pushing it to bankruptcy.

The controversy came to light, when a whistleblower former-employee of Moneual took these details to the press. It's alleged that CEO Harold Park (Hong-seok), Vice President Scott Park (Min-seok) and Vice President Won Duck-yeok committed a fraud, in which subsidiary Zalman would inflate its sales and export data, to qualify for large bank loans. The trio then used it to lift US $2.92 billion in loans, which the company could never pay back. Zalman has since filed for bankruptcy protection, with the Seoul Central District Court; while the three top Moneual executives, and 13 other mid-level ones, were arrested over allegations of export fraud.

ISPs Should Do More to Safeguard the Web: FCC Chairman

US Federal Communications Commission (FCC) chairman sought "smart, practical, voluntary solutions", without mandating his own, for internet service providers (ISPs) to fight online fraud and data theft. Chairman Julius Genachowski estimated that 8.4 million credit-card details are stolen online, each year. "If consumers lose trust in the Internet, this will suppress broadband adoption and online commerce and communication, and all the benefits that come with it," Genachowski said in a speech. The FCC feels ISPs can come up with solutions that prevent client PCs in the US from being forced into malicious botnets by hackers, without having to encroach upon users' privacy.

Genachowski urged ISPs to adopt DNSSEC, a system that ensures people accessing sensitive sites such as their banks' online transaction portals go to the right address, and not redirected to a fraudulent password phishing site. "To be effective, everyone who is a part of the Internet ecosystem must play a meaningful role in ensuring that private and government networks, and personal computers and devices are secured," said Comcast/NBCUniversal President Kyle McSlarrow in a blog posting. Comcast is one of America's biggest ISPs. This is an example of how threats to the sanctity of a productive internet can be defeated with highly-specific solutions that don't threaten privacy and freedoms, instead of broad-scoped legislations that potentially do.

HP's Hackable Printers: The Lawsuit

Three days ago, we brought you news of how researchers have made proof-of-concept attacks on HP printers by reprogramming their firmware. Among other things, these attacks could deliberately cause the fuser in a printer to overheat and singe the paper, until shut down by a built-in unoverridable thermal switch, preventing a fire. Now, in light of this, a lawsuit has been filed by David Goldblatt of New York, seeking damages for fraudulent and deceptive business practices and is looking for class action status: "As a result of HP's failure to require the use of digital signatures to authenticate software upgrades, hackers are able to reprogram the HP Printers' software with malicious software without detection," the suit says. "Once the HP printers' software is maliciously reprogrammed, the HP printers can be remotely controlled by computer hackers over the Internet, who can then steal personal information, attack otherwise secure networks, and even cause physical damage to the HP printers, themselves." Note that HP has used digital signatures since 2009 to authenticate the firmware updates, helping to mitigate this potential problem in recent models.

Despite this though, HP still intends to patch the firmware to eliminate threats from this hack, which exploits bugs in the firmware. As these attacks have only actually been demonstrated in the lab and no actual losses have been incurred by Goldblatt, it makes one wonder if he is just using the prevailing American "victim culture" to try and make a quick buck off HP. HP are the top printer brand, mainly because their products are excellent, performing well and lasting a long time, plus other companies' printers and embedded devices have the same problems, so it seems unlikely that he would really not have bought HP printers.
Return to Keyword Browsing
Nov 19th, 2024 02:25 EST change timezone

New Forum Posts

Popular Reviews

Controversial News Posts