How to Lose Money on the Internet

It seems that the second you open your e-mail, you’re barraged with get-rich-quick schemes. Sure. Sure. Sure. There’s easy money to be made on the Internet. And if you believe that there’s a bridge in Brooklyn (currently under construction) that is for sale. So in this post, we thought that we would offer up some great ways to lose money on the Internet.

Of course, if your company used BlueCava, you would be able to identify the devices that are trying to scam you, and, using your better judgment, not get scammed.

1. Nigerian Email Scams – In the words of Michael Scott, “When the son of the deposed king of Nigeria emails you directly, asking for help – you help!” You know what I’m talking about… The ones that start with DEAR SIR/MADAM, Some prince died somewhere and we’ve traced this oil inheritance back to you, and all we need is for you to send us a check so we can then forward you your untold riches. Who falls for these anymore? (Other than Michael, of course.) There are even sites out there dedicated to poking fun of the criminals who send these emails out to you. It’s always fun to make fun of fraudsters, but it’s even better to stop them.

2. Phishing – If you’ve ever received an email or Facebook message from a person who doesn’t normally send you messages (e.g., “Check out this hilarious video!”), and the link directs you to input your Facebook information again, you’re being phished. Like all of the other phishing scams, the URL is usually the biggest giveaway – in a Facebook phishing scam, for example, it might be something like http://facebook.somerandomscamsite.co.bz. Once these phishers get a hold of your Facebook login and password, there’s a good probability that this same username/password combo will work in other financial accounts. Of course, the first line of defense starts with individual Internet users—so vary your passwords, people. The second line of defense could be BlueCava’s Device Identification Platform, which is sophisticated enough to help companies flag any device engaging in suspicious, dare I say it, “phishy” activity.

3. BotNets – Chances are you’ve used a computer that has, at one point, been infected by a botnet. A botnet is a mass of PCs (owned and operated by you and me) on which a hacker secretly installs software. Once installed, the hacker can login to the computer at any time without the user even knowing (with the exception of maybe a slight reduction in processor speed). Most computer viruses that make headlines are designed to create or augment the size of botnets. So, how do these hackers make money? They steal critical financial information or send e-mail spam to lure you in. Of course, BlueCava’s Device Identification Platform is one way companies can stop doing business with potentially infected computers. As a result, this will help keep your financial information secure.

4. Procrastination – This money-sucker is the granddaddy of them all. We’re all guilty of this. We receive an email forward, one of our friends posts some pictures of his vacation, something’s happening with our favorite sports team, the celeb we love (or love to hate) is in the news for one reason or another, and we CLICK THE LINK! In isolation, each instance doesn’t look too time consuming, but it all adds it up. It’s quite an issue for companies with legions of e-nabled associates.

By Dean Harris, CMO of BlueCava

Posted September 29, 2010

Winning At Scrabble

My wife is a great Scrabble player. In fact, if we totaled up our lifetime record of wins and losses, the score would be Marcia 1,000 – Dean 5. I really don’t feel too depressed about this, however, because my wife routinely trounces Baker Scholars from Harvard Business School, MDs with extreme type A personalities, as well as a whole bunch of other people who are very smart.

The one thing that distinguishes my Scrabble playing most certainly is derived from my Marketing background. I am really good at making up words and then selling them as real. This got me thinking about what we do at BlueCava. As we say on our website, we are keeping it real. For sure.

Like Holden Caulfield from The Catcher in The Rye, the folks at BlueCava hate phonies.  And we use our patented device identification technology to tell you who these phonies are. You see the bad actors (as they are called in fraud circles) develop a false identity and then keep using it over and over again to hit a website where they can commit fraud. As you would expect, these evildoers don’t stop until they are shut down. Then, the bad guys often take the path of least resistance by creating another false identity so that they can commit fraud again at the same website. Of course, with the BlueCava Device Identification Platform, websites will have none of that. We can tell you the computers that have been behaving badly on your site, allowing you to block them from your site experience. So there will be no phonies. No false identities. And a pretty tough barrier against fraud.

How much is fraud costing your online business? We bet it is far more than BlueCava costs to implement. It only takes a few lines of code and about 15 minutes to get started. Truth be told, I really don’t care that much about winning at Scrabble. But I do care about your business winning against fraudsters, which incidentally is not a legitimate word in Scrabble. Who knew? Actually, I did.

By Dean Harris, CMO of BlueCava

Posted September 29, 2010

Towards The Elimination Of Spam

As one gets older, there are several life lessons that become quite evident. Always use the restroom before taking a long car trip. Always order a large pizza. And never respond to spam e-mail.

Now, I dislike spam as much as the next guy, and in my role as the CMO of BlueCava I am in the enviable position of being able to help rid the planet of this cruel Internet pariah.

Here’s how.

Spammers deal in volume. They get paid based on the number of illegal messages they send, so spammers try to do what they do quickly and efficiently. This generally involves hiding their true identity by masking their IP address or, in many cases, using the identity of someone else to perpetrate mayhem.

Now, I am by no means a spammer, but I’m guessing that spammers try to make as much money as they can without incurring great costs. So, if we set up real barriers to eliminating spam, like recognizing the unique identity of machines that are spammers, we certainly can reduce the volume of spam quickly.

We have this theory that spammers are going to take the path of least resistance and we at BlueCava present a gigantic barrier to effective spam distribution. We seem to be a great anti-spam solution for ISPs, large email providers, or just about anyone else that really cares about making the e-mail customer experience nice and friendly. I do think that we are on the right side of this issue, so to speak.

Of course, eliminating spam will make the Internet environment better for everyone (except the spammers). People will pay attention to their messages and will be able to open them without fear. Plus, inboxes will be filled with relevant communications rather than include appeals from Nigerian princes, or Canadian pharmacies offering discounted prescription drugs.

Spam. At BlueCava we don’t like it and we’re out to help stop it now. Join us in our quest today. Your inbox will thank you tomorrow.

By Dean Harris, CMO of BlueCava

Posted August 5, 2010