A quick update on the Broken Trust: when a criminal becomes your friend on Facebook story I posted a few days ago: as it turns out, it sounds like there are more victims of this scam other than my friend Beny and his friend Bryan. As you can see from this WPIX report Eileen Rodriguez also had her facebook account broken into and her friend Shaila lost $650 when she wired money to someone that she thought was her distressed friend.

Interesting to note that scam details were similar and the destination account was in the UK in both cases, which hints at the possibility that both scams were perpetrated by the same people. More troublesome was that Beny's case happened in Jan whereas Eileen's, according to WPIX, happened on Feb 8th which may show that Facebook was not able to block the attackers even...

Imagine this scenario. You have a couple of hours to kill, so you log onto the free wireless access at an Internet cafe and check your personal email, maybe even make sure your latest check won't bounce by logging on to your banking site. (Whoops, that's just me).

What if a fraudster had set up that free WiFi you just logged into? How much of your personal information was just compromised? Well, this nightmare scenario is coming true. It's so widespread that it has even earned its own nickname: The "Evil Twin." Fraudsters can easily set up a fake hub and even name it to look legitimate, by using the name of a nearby store or cafe. Some people have noticed this in airports.

But don't lose hope: the "good guys" at the WiMAX Forum have defined a security model using two-way mutual authentication and they are creating...

It seems like every day there's another headline about a major site being hacked with stolen usernames and passwords. Today it's Monster.com, which has compromised the passwords and personal details of thousands of recruiters and job seekers.

How many more of these breaches will it take for people to realize that just plain passwords aren't good enough?

By Yohai Einav, Senior Fraud Analyst

A deserted street, night, a frightened old lady hops towards a policeman who just left the bar.
Old lady: "Please officer, this e-mail is trying to phish me!"
She shows a laptop to the Policeman.
Old lady: "My grandson gave it to me for my birthday, and he warned me of such things. Now it is trying to phish me!"
Policeman: "Let me see this".
The Policeman looks at the screen. He sees a phishing email.
Policeman: "Lady, do you have any idea what this is? This is identity theft! Wait a second; I must report this to my superiors right away!"

The policeman talks into his walkie-talkie:
Policeman: "Jim, I want to report an identity theft on 8th and Houston.... Yes, an old lady again.... Yes, her grandson... no, I didn't get the IP..."
The policeman leans toward the old lady.
Policeman: "You are lucky to still have your...