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With seven years behind it, Cyber Angel software has developed into a neat little package, which, apart from its tracking capabilities, also offers a CyberAngel Secured Drive. This requires password authentication but, once in, allows the user to keep all confidential data in total privacy in this protected drive. With on-the-fly encryption, the user does not need to worry about any data being revealed if the laptop falls into the wrong hands, using a choice of encryption algorithms to protect it such as Rijndael - AES 128 or 256 bit encryption, Blowfish 128 or 448 bit, Twofish 128 or 256 bit, Triple DES or DES. The virtual drive created by CyberAngel is accessed with the users password and is supported by 32-bit device drivers for fast access with little or no drop in performance.

A recent news story jumped off the page at George Waller. The report stated that U.S. companies will lose $2.8 billion this year alone to online fraud, according to a survey released by CyberSource. The Anti-Phishing Working Group (APWG) today stepped up its efforts to combat internet fraud by promoting technological solutions. Although online transactions are increasing in both the U.S. and Europe, a growing fear of identity theft and other online fraud is eroding confidence in e-commerce, newly published research has warned. Don’t lower your guard – criminals will always find new ways to perpetrate fraud

The software we received for this test was a pre-release of version 8, but initial observations tell us that any tweaks before the final version will probably be very minor ones.

A 22-year-old man from Davenport, Iowa, has been charged with 75 counts of wire fraud in connection with a phishing scheme targeting Microsoft customers. CardSystems Solutions President and CEO John Perry appeared before a House subcommittee Thursday to testify how the payment processor's network was breached, exposing thousands of credit cards to potential fraud. The Federal Trade Commission (FTC) today reported that it received 80,450 complaints related to internet auctions in 2005, representing about 12 percent of the total number of complaints. According to the organization, the latest figures indicate that web auction fraud has become responsible for the second most common kind of complaint after those about identity theft. Legislation before the U.K. Parliament to introduce compulsory ID cards will not solve the fast rising problem of identity theft, fraud prevention experts warned today. Security experts have warned web users to guard against a newly intercepted mutant of the Feebs trojan that attempts to dupe eBay users with an "elaborate" fraud. The National Association of Attorneys General has sent a letter to CardSystems Solutions demanding that the company notify all customers affected by a security breach that exposed millions of credit cards to potential fraud. MasterCard’s recent move to offer financial incentives for companies using its SecureCode payer authentication system is a step in the right direction to fight online card fraud, but still "not enough," Gartner has warned. Four people face charges in Spain in connection with an internet fraud scheme believed to have been orchestrated in Eastern Europe. The huge security breach that exposed more than 40 million credit cards to potential fraud appears to be the work of organized criminals, experts said Monday. More than four-fifths of fraudulent online transactions originate in the U.S. according to a new study. A class-action lawsuit has been filed in California on behalf of credit-card holders and merchants against CardSystems Solutions, Visa, and MasterCard after a security breach that exposed 40 million credit cards to potential fraud. Forty million credit cards were exposed to potential fraud in a security breach at a payment-card processor. Internet-related complaints accounted for more than half of all fraud reports filed with the Federal Trade Commission last year.