ScanAlert Hacker Safe VP Charged With Securities Fraud Faces 32 Years In Prison

[mandy]

A Indiana state judge on Monday ordered a security researcher at McAfee to stand trial stemming from felony charges he and a brother defrauded nine people by selling $1.25m in fraudulent stock and then using some of the money for personal items...

At ScanAlert he managed the research team for the company's "Hacker Safe" labs, which provides daily audits of ecommerce websites to certify them as "hacker safe." Over the past several months, the program has come under fire after dozens of sites bearing the program's logo were found to be vulnerable to cross-site scripting attacks that could allow them to be spoofed by criminals...

full article: http://www.channelregister.co.uk/2008/05...r_charged/

FYI, Hacker Safe has changed its name to McAfee Secure.  Part of Hacker Safe's marketing pitch, and justification for its high fees, was that the Hacker Safe name was widely recognized by Internet users.  Apparently that name recognition wasn't as valuable as the company claimed since they've ditched the name.

[bargainbloodhound]

Part of Hacker Safe's marketing pitch, and justification for its high fees, was that the Hacker Safe name was widely recognized by Internet users.  Apparently that name recognition wasn't as valuable as the company claimed since they've ditched the name.

You mean this marketing pitch:

Over 800 websites have published the results of A/B split tests with the HACKER SAFE seal, showing an average of 14% more sales from shoppers seeing the seal. Many HACKER SAFE merchants publicly state that they have seen increases in annual sales revenue in excess of one million dollars. Even tests where HACKER SAFE was compared directly against other seals, such as VeriSign and lesser known seals, show that it works best

INCREASE SALES  Just By Displaying The Hacker Safe Seal
On Your Site... An Average of 14% Increase Response
Was Shown After Conducting Over 500+ A/B Split-Tests

http://www.scanalert.com/content/affilia...h.jsp?a=63&c=55&k=VrFppjPpQN

[www.Frik-n-Frak.com]

Pretty funny to find this as I just got off of a darn HARD SELL call with Mcafee/ScanAlert/HackerSafe (or whoever they are these days) rep. named Ghais. 

We're actually looking into some type of scanning service as merchant account providers are going to start requiring proof of PCI compliance, etc. before too long - but, MAN!  This guy was just slammin' for "the close!"  The article above sheds a little light on it, I guess!

Oh yeah...

Hi everyone! 

~fr*k

[sneakymagenta]

merchant account providers are going to start requiring proof of PCI compliance, etc. before too long

I'm safe.  Volusion is one of the few PCI/CISP certified by Visa store hosts.  Most aren't compliant.

http://usa.visa.com/download/merchants/c...viders.pdf

[bargainbloodhound]

I just got off of a darn HARD SELL call with Mcafee/ScanAlert/HackerSafe (or whoever they are these days) rep. named Ghais.

Their salespeople have been known to annoy people:

Hacker Safe Telemarketers...
http://community.tuliptools.com/index.ph...478.0.html

We're actually looking into some type of scanning service

Hacker Free (xentinelsecurity.com) is a little cheaper than Hacker Safe.  I think they also have a better track record of detecting cross site scripting and SQL injection vulnerabilities.

[www.Frik-n-Frak.com]

Thanks for the tip BBH!

xxx
  ooo

~fr*k