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Riot Games, Maker of League of Legends Confirms Hacking

riot games logoIn a post on their website, Riot Games has confirmed that "a portion of their North American account information was recently compromised". They have stated that "usernames, email addresses, salted password hashes, and some first and last names were accessed. This means that the password files are unreadable, but players with easily guessable passwords are vulnerable to account theft." Further to this Riot Games say they are investigating whether "120,000 transaction records from 2011 that contained hashed and salted credit card numbers"

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How Rating Abuse Damages Your Brand

3-5-starsFraudsters create falsely favourable reviews and opinions about a company or product in order to boost their sales. As the web becomes more ‘social’, rating abuse can damage your web-service or brand. Let's take a look at the main reasons why 'black-hat marketeers' do this: 1. App or Product Visibility In Top Lists The web increasingly revolves around concept of crowd theory. The more people “like”, rate, buy, download or any other interaction – the more likely that other people

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Efficient Services Escrow Group Lays off Entire Staff after $1.5m Fraud

Efficient Company LogoIt has surfaced that Efficient Services Escrow Group, based in Irvine California had $1.5 million drained from its bank accounts with First Foundation Bank. The fraud went unnoticed and has lead to the firm having to layoff its entire staff. Three wire transfers were initiated to between December 2012 and January 2013 to accounts in Russia and China, however these remained unnoticed until late February. This is an extreme example the devastating effects of Account Takeover Fraud. It is unclear

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Dmitriy Smilianets Pleads Not Guilty in 160 Million Stolen Credit Cards Case

credit cards in walletNew Jersey – On Monday 12 August, Dmitriy Smilianets entered a plea of “not-guilty” in the case of “the largest data breach schemes ever uncovered in the United States” Smilianets has been held in custody in the Netherlands for over a year before he was extradited. His attorney told Reuters that he would challenge the charges and was looking into “possible irregularities” in the circumstances of his arrest. This points towards the possibility that the 29-year-old will seek to challenge

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