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Three executives from troubled imaging giant Olympus have pleaded guilty to artificially boosting the company's true value in 2007 and 2008 by concealing losses in financial statements. Former chairman Tsuyoshi Kikukawa, ex-auditor Hideo Yamada and former VP Hisashi Mori were charged with fraud in...

2 years ago 0 Comments
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Every Monday, Scott Andrews contributes Officers' Quarters, a column about the ins and outs of guild leadership. He is the author of The Guild Leader's Handbook. Internet scams are nothing new. They're as old as the Web itself. MMOs have opened up new channels for scammers to operate, and WoW ...

2 years ago 0 Comments
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If the recent chapter in Olympus' history was a photo, it'd be a blurry thumb covering the subject's head. But, if reports from Nikkei are correct, it looks like the next one might be a happy family portrait. As suggested earlier this year, Sony is reportedly close to agreeing on a 50 billion yen ...

2 years ago 0 Comments
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Internet fraud and theft are major problems, there seems to be little doubt about that -- according to FCC chairman Julius Genachowski, some 8.4 million credit card numbers are stolen every year. The question, then, is who should be addressing the issue. Genachowski this week called for "smart, pra...

3 years ago 0 Comments
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Remember that super crazy Olympus accounting scandal we told you about a couple of weeks back? Yeah, well, it just got a lot crazier. The camera maker filed suit in Japan yesterday against its own president, Shuichi Takayama and 18 other past and present executives over the deal in which it worke...

3 years ago 0 Comments
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Google's reportedly pulled 22 malicious apps after two security firms tipped them off that the malware was tricking users into sending SMS messages to premium-rate phone lines. Android.RuFraud poses as popular games like Angry Birds, Assassins Creed or Tetris and can affect users across Europe ...

3 years ago 0 Comments
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A University of Michigan student apartment became the focus of a recent investigation by the FBI, which conducted a raid on March 30th over "potentially fraudulent sales or purchases of virtual currency that people use to advance in the popular online role-playing game World of Warcraft." Whil...

3 years ago 0 Comments
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In an MMO so dependent on its economy, it's crucial to keep a tight rein on the flow of money so that the whole mechanism doesn't spin out of control. Unfortunately, it appears this started to happen in the relatively new Perpetuum when a number of profiteers began to unbalance the economy by manip...

4 years ago 0 Comments
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On January 25th, The Register reported that one unlucky bloke saw his bank account emptied through a series of iTunes monthly gift purchases sent to an unknown Hotmail account. He was informed of the theft by an e-mail from Apple, saying his gift purchase had been confirmed, but alas, he'd already ...

4 years ago 0 Comments
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A recent article from Brian Krebs highlights a new trend in ATM skimmers: by using parts from cut-rate audio players and spy cams, criminals are able to construct something called an audio skimmer that records the data from the magnetic strip for later playback. Also included in the device is a min...

4 years ago 0 Comments