Internet fraud's U.S. price tag put at $550 million

U.S. citizens reported losing more than $550 million in 2009 in Internet fraud, falling prey to a variety of increasingly sophisticated scams, according to a report by the Internet Crime Complaint Center.

Internet fraud losses doubled last year

(AP) -- The cost of Internet fraud doubled in 2009 to about $560 million, the FBI said Friday. The most common type of frauds reported were scams from people falsely claiming to be from the FBI.

Militants, 'hacktivists' exploit Web, eye recruits

(AP) -- Terrorist groups that have long used the Internet to spread propaganda are increasingly tapping the Web to teach Islamic extremists how to be hackers, recruit techies for cyberwarfare and raise money through online ...

Japan dotcom jailbird back in business

Maverick Internet tycoon Takafumi Horie, who was jailed for accounting fraud, said Wednesday Japan's online landscape was prime territory for his aggressive style of business.

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