Massive spyware-based identity theft ring uncovered

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Massive spyware-based identity theft ring uncovered

Researchers from a little-known security software company named Sunbelt Software have seemingly uncovered a criminal identity theft ring of massive proportions. According to one of their employees, Alex Eckelberry, during the course of one of their recent investigations into a particular Spyware application – rumored to be called CoolWebSearch – they’ve discovered that the personal information of those “infected” was being captured and uploaded to a server.

Read the complete story. (Ars Technica)