Wednesday, April 30, 2008

Put Your CSI On

The FBI operates 14 Regional Computer Forensics Laboratory, or RCFLs. They have just published their RCFL Program's Fiscal Year 2007 Annual Report.

Here are some highlights from the report:


And Microsoft has developed the Computer Online Forensic Evidence Extractor (COFEE) to assist law enforcement in their work. This is a thumb drive with 150 commands built in. When connected to a computer, it is set to work quickly in decrypting passwords, allowing content to be reviewed and analyzing internet use.

The thumb drives were distributed to law enforcement agencies in 15 countries beginning last June. They aren't available to private citizens. The intent is to allow law enforcement to more quickly handle computer forensics tasks, whether they have a budget to support a forensics lab or not.

Wednesday, April 09, 2008

Mortgage Fraud on Record Pace

In fiscal year 2007, which ended last September, there were 46,000 SARs on mortgage fraud. There were also 260 convictions resulting from SARs. We are six months into FY 2008 and there have been nearly 30,000 SARs so far.

The surge is in team-type activity where mortgage insiders, such as appraisers, real estate agents, loan officers, and lawyers conspire to commit "fraud for profit" schemes.

It is estimated that mortgage lenders will lose $2.5 billion due to mortgage fraud this year, according to the TowerGroup.

2007 Internet Crime Stats

The Internet Crime Complaint Center (IC3) has published its "2007 Internet Crime Report." IC3 is a joint operation between the Federal Bureau of Investigation and the National White Collar Crime Center.

The 2007 report reflects a $40 million increase in reported losses from 2006 to 2007. Those 2007 losses amounted to $240 million with internet auction fraud comprising of 35.7 percent of the losses. Merchandise that was never delivered amounted to nearly 25 percent of the complaints and this was up 31 percent from 2006.

Financial fraud - credit and debit card, checks and computer fraud complaints totaled nearly 18 percent of the 2007 complaints received by IC3.

Here are some statistics from the report.

Top 10 Cybercrime States:
California 15.8%
Florida 10.1%
New York 9.9%
Texas 7.0%
Illinois 3.6%
Pennsylvania 3.5%
Georgia 3.1%
Ohio 2.8%
Washington 2.8%
New Jersey 2.8%

Men complained of greater losses than women, losing $1.67 to each $1.00 lost by a woman.

Four hot areas for losses included scams on pets, checks, spam, and online dating sites.


A complete copy of the report is available from IC3, here.

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