Tag Archive
FBI: ISP Tried to Scam $15M Out of AT&T, XO, Others
The FBI has arrested and charged the owner of Core IP Networks, a Dallas-based ISP, with conspiracy to commit fraud.The feds say Matthew Simpson, 25, of Red Oak, Texas, was part of a 19-person ring that planned to scam ATT Inc., Verizon Communications Inc., XO Communications and other carriers out …(255 words) Related Topics: AT&T,... »
FBI: ISP Tried to Scam $15M Out of AT&T, XO, Others
The FBI has arrested and charged the owner of Core IP Networks, a Dallas-based ISP, with conspiracy to commit fraud.The feds say Matthew Simpson, 25, of Red Oak, Texas, was part of a 19-person ring that planned to scam ATT Inc., Verizon Communications Inc., XO Communications and other carriers out …(255 words) ... »
Airtel Warns of Fraudulent Phone callers
Bharti Airtel has issued an advisory to its mobile and landline users on fraudulent calls purportedly being made on behalf of the company. According to the company, the fraudster sends an SMS or a… ] Related... »
AT&T Resumes Online Sales of iPhone in NYC
A post-Christmas depletion of online stock? A way to combat fraud? An odd attempt to decrease data traffic on a congested network? Whatever the reason (and ATT Inc. isn’t really saying), online sales of the iPhone were suspended in New York City over the weekend, then were officially resumed on …(284 words) Related Topics: AT&T,... »
AT&T Resumes Online Sales of iPhone in NYC
A post-Christmas depletion of online stock? A way to combat fraud? An odd attempt to decrease data traffic on a congested network? Whatever the reason (and ATT Inc. isn’t really saying), online sales of the iPhone were suspended in New York City over the weekend, then were officially resumed on …(284 words) ... »
Victim of success: VoIP vulnerability tripled since 2006
McAfee labs has released an alarming white paper about the state of VoIP security. According to the report, they found almost 60 vulnerabilities in VoIP products. In 2006 they found only 20 such breaches. McAfee attributed the increase in security problems to better hacker technology to find and exploit VoIP vulnerabilities, but mainly to the... »
Charges dropped in Broadcom stock-option backdating case
Charges of fraud and conspiracy in the Broadcom stock-option backdating case have been dropped against two company executives. Due to misconduct on the side of the prosecution, the U.S. District Court threw out the charges. In the same breath the Security and Exchange Commission’s civil case was also thown out against the four original... »
Catalyst Telecom to distribute Sipera security solutions
Catalyst Telecom, a distrutor of voice, video and data convergence solutions, has just signed a distrobution deal with Unified Communications (UC) security hardware supplier Sipera Systems. Sipera’s solutions provide security for VoIP and Unified Communications UC solutions offered by resellers using threat protection, policy enforcement, access control and appropriate encryption that all work seamlessly within... »
Bolo, Another VoIP Player, Enters Unlimited Global Calling Arena
Bolo from bolostore.com contacted me about their VoIP offering. Bolo explained, “We offer unlimited global calling for $38/month. That is unlimited calling to landlines and cellphones around the world. That is $38.00. We do not add fees and taxes.” Bolo added, “We have set up a store on Amazon (www.BoloStore.com) and we are signing... »
Localphone Looks Like Gizmo and Others to Me
A company out of the UK, called LocalPhone.com has put together a cheap calling service, plus some very nifty features, largely around SMS and call forwarding, plus of course inexpensive VoIP minutes. In reading their blog, they are offering inexpensive VoIP minutes, local numbers in many countries, with the claim of "Call Global, Pay Local." One... »
Where Have The Big Internet Players Gone in VoIP and Why
The crusty John C. Dvorak has been a fixture in PC Magazine for many years. This week he penned a piece about Google Voice and free calling. In the opinion column John raised a few points that need to be expounded upon, and I’m in the kind of mood to do just that! Point One: Now... »
PlatinumTel Sues EZ Stream, U.S. Mobile for False Advertising
Prepaid provider PlatinumTel is suing U.S. Mobile and EZ Stream, alleging false advertising, violations of the Illinois Consumer Fraud Act and violations of the Illinois Uniform Deceptive Trade Practices Act in connection with prepaid wireless services.“This is a case where consumers are being taken advantage of by a wireless company. …(164 words) ... »
Digium CEO Danny Windham to Deliver Keynote Address at ITEXPO East 2010 in Miami
Some good internal news at TMC. Technology Marketing Corporation today announced that Digium CEO Danny Windham has accepted its invitation to deliver a Keynote Address at ITEXPO East 2010, taking place Jan. 20-22, 2010 at the Miami Beach Convention Center in Miami, Florida. Windham’s presentation, which takes place Thursday, Jan. 21 9:45 a.m. EST,... »
Security firm demoed hacking and eavesdropping on IPhone mobile VoIP calls
Over the weekend, Sipera Systems demonstrated how easy it was to eavesdrop and record VoIP calls made over an unsecured WiFi network on the iPhone. Using open source software called UCSniff, the security team hacked into the iPhone’s VoIP calls proving that without security software, mobile VoIP calls might not be ready for business... »
The Rise & Fall of a Billionaire Technology Hedge Fund Guru
About 15 years ago, as a young reporter covering the semiconductor industry for a newswire, I met a man called Raj Rajaratnam. At that time he was not only an influential semiconductor analyst at Needham & Co., but also president of the brokerage firm. The Sri Lanka-born analyst was one of the best and... »
Pegasus Wireless: Another (Alleged) Naked Shorting Con Game Is Busted
Gary Weiss submits: Could this be a trend? I hope so. The SEC has been stepping up its anti-fraud actions just a bit in recent weeks, and today nailed a particularly odiferous little company, Pegasus Wireless, one of the charter members of the baloney brigade anti-"naked shorting" con games. Pegasus and two ex-officers of the... »
Mobile phone fraud leads to prize fight
Engineers are to compete for funds to develop fraud-proof mobile phones to herald the way for their use as electronic wallets. Four out of five phones in use in the UK contain data which can be used by criminals to access bank accounts, steal identity or sell on personal data, yet only four in 10... »
Majority of Fraud Professionals Want New Regulation, More Information Sharing and Same-Day Notification of Data Breaches
RSA® Conference (www.rsaconference.com) eFraud NetworkSM Forum, a one-day event facilitating cross-industry information sharing to enable better detection and prevention of fraud, today released the results of a recent survey of fraud professionals. On the topic of data breaches, top-line findings include: 67 percent of respondents feel they should be notified …(759 words) ... »
Verizon fights VoIP regulation in Oregon
Verizon is pushing a bill in Oregon to block state and local regulators from being able to oversee phone calls over the Internet. Competitors and consumer advocates are, as one might expect, not pleased. An administrator for the Oregon Public Utility Commission believes if the House Bill 2404 is passed as written, it would exempt... »
ooma Telo vs. magicJack
Rich met with ooma recently to see their latest wares and hear about their current business model. Recently, ooma ditched the ‘P2P voice network’ idea where users actually “share” their home landline with others and instead became a traditional VoIP broadband provider. Apparently, the privacy issues were too much to overcome, since users were... »
VoIP Hacker Pena Caught in Mexico
VoIP hacker Edwin Pena, arrested in 2006 for fraud and subsequently escaping the country, was found earlier this month in Mexico. Prosecutors are working to extradite Pena to the United States – presumably to Miami, where he operated a scheme that ripped off companies including Net2Phone] to the tune of …(66 words) ... »
Your Mobile Carrier Will Sell You for Pennies
Five major UK carriers are banding together to pool customer data so that it can be put into a giant database and then be used to sell advertising, The Register reports today. How long do you think it will take before this “database” idea lands on American shores? First they charge you hundreds of... »