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forward because 1) they were breached and information was copied, but there wasn’t sufficient
damage done, and more likely, 2) they were afraid their brand would be damaged for being
involved in a fraud case.

As long as the Internet exists, people will try to scam the system, whether it’s in the banking,
financial services or even oil industries. As the Internet continues to evolve, old scams will be
given new life, and new scams will pop up left and right. Unfortunately, the oil industry example
is just one in a long line of Internet attacks we will continue to see, but with thorough
investigation and a detection of patterns and missteps on the part of the cybercriminal, we will
hopefully continue to gain traction in lessening the huge impact these scams have.

About the Author

Luis Corrons has been working in the security industry for
more than 15 years, specifically in the antivirus field. He is
the Technical Director at PandaLabs, the malware research
lab at Panda Security. Luis is a WildList reporter, member of
the Board of Directors at AMTSO (Anti-Malware Testing
Standards Organization) and member of the Board of
Directors at MUTE (Malicious URLs Tracking and
Exchange). He is also a top rated industry speaker at events
like Virus Bulletin, HackInTheBox, APWG, Security BSides,
etc. Luis also serves as liaison between Panda Security and law enforcement agencies, and
has helped in a number of cyber-criminal investigations.

36 Cyber Warnings E-Magazine – November 2014 Edition
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