'Spamford' Wallace fined $4m over spyware biz
Sanford 'Spamford' Wallace has been fined $4m and ordered to restrict the deceptive spyware practices of his company, Smartbot.Net, after losing a lawsuit brought by the US Federal Trade Commission.
The FTC alleged that Wallace's software takes advantage of well-known IE vulnerabilities to infiltrate PC and secretly change user's settings and hijack their search engines, before serving up a barrage of pop-up ads.
At The Register.
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