Joker's Stash, a 'dark web' marketplace estimated to have generated more than $1 billion in sales of stolen payment card data, announces imminent shutdown
TECHNOLOGY POWERING BUSINESS
News fraud
European Commission Warns Of Rising Pandemic Scam Risk
European Commission tells internet media and e-commerce companies to prepare for increase in Covid-19-related scams and disinformation as cases rise
Twitter, Facebook Flags Trump Posts Ahead Of US Election
US President Donald Trump has had his posts on Monday about mail-in voting fraud flagged by both social networking platforms
Amazon Deletes Thousands Of ‘Fake’ Reviews After Probe
Amazon deletes tens of thousands of reviews from its sites after two studies focus on use of fraudulent five-star reviews to promote substandard products
Personal Data Of 24 Million South Africans Exposed By Experian Breach
Oh dear. Fraudster is blamed for breach of credit agency Experian, which has exposed the personal data of 24 million South Africans
Wirecard Munich HQ Searched By Police And Prosecutors
Fintech fraud investigation continues into Wirecard, as German police and prosecutors search bankrupt firm's Munich headquarters
Hackers Use Coronavirus Scare To Attack Government Systems
Attack groups make use of chaos around coronavirus to target organisations in Mongolia, South Korea, Ukraine, Vietnam and elsewhere
Facebook Sues Firm For ‘Celeb Bait’ Adverts That Installed Malware
Social networking giant takes action against advertising fraud with a lawsuit against Hong Kong firm
Unpatched Android Flaw Exploited To Steal Banking Logins
Unpatched 'StrandHogg' vulnerability found to be targeting at least 60 financial institutions, but could also be used to carry out range of other attacks
America Criticised For Mike Lynch Extradition Request
US DoJ officials damned for filing extradition request for former Autonomy boss, whilst a court case is ongoing in London
Kolkata Police Shut Down Scam Call Centres
Fraudsters convinced Devon man his computer had been taken over by a Russian criminal involved in trafficking guns, ammunition and hand grenades
UK Teen Sentenced For Hacking, Selling Personal Data
Norwich 19-year-old found to have made hundreds of thousands of pounds in Bitcoin from selling compromised personal data and on-demand hacking services
Libra Cryptocurrency Scams Found On Facebook, Instagram
Facebook's own platforms found to be used in scams related to Libra cryptocurrency, adding to regulatory pressure over the controversial plans
Cyber-Security Watchdog Foils Airport Fraud Scheme
NCSC security agency stops phishing scams and helps reduce online fraud impersonating HMRC as part of 'active' cyber defence programme
Banks Launch Fraud Repayment Scheme
The voluntary refund programme aims to address 'no fault' scams in which customers are tricked into authorising payments, but not all banks have joined
GCHQ To Work With Banks To Thwart Fraud, Cyber Attacks
British intelligence joins the fight against bank fraud and cyber attacks as it seeks to work more closely with businesses
Cyber-Crime Losses Soar To £34.6m In Second Half Of 2018
More than 13,000 people reported falling victim to cyber-crime in the latter part of the year, as hackers target email and social media accounts
IT Life: Jamie Hutton, Quantexa
Quantexa chief technology officer Jamie Hutton talks about artificial intelligence, international money laundering, and his favourite DJ app
Tesla Receives Subpoenas In US Fraud Probes
The SEC and the FBI have both issued legal writs as they broaden their investigations into Tesla's tumultuous dealings with investors
Facebook Data Breach Affects 29 Million Users
Social network revises down the number of accounts affected, but still doesn't offer fraud protection
US Charges Extradited Russian Over Massive Hacking Scheme
Georgian Andrei Tyurin was allegedly part of the hacking ring that breached JPMorgan Chase and other US financial firms, making hundreds of millions from stolen data
Fraud Experts Warn Over Compromise Of Passport Data In Air Canada Breach
Hackers may have accessed detailed passport information on thousands of Air Canada customers after its app was compromised late last week
Scam Phone Message In Chinese Hits US Weather Service Intercom System
The message in Mandarin Chinese was part of an ongoing robocall campaign hitting phones around the country
Hackers ‘Using International Characters To Create Scam Sites’
Researchers find an upsurge in scam sites with lookalike international characters in the domain name
Police Figures Cite Cybercrime, Digital Data As Top Concern
An exponential surge in data and a decentralised structure are making cyber-policing increasingly difficult
HP Wins Case Against Former Autonomy CFO
First blood to tech giant HP, in what will likely be a lengthy legal battle in courtrooms on both sides of Atlantic
Online Data Pushes Identity Theft To Record High
Social media also contributed to a sharp rise in young people taking part in money laundering scams
HP-Autonomy Fraud Trial Begins In US
US prosecutors allege 'accountancy tricks' by former Autonomy CFO, but he points to disastrous HP management
Russian Report Reveals £4.2m Stolen In Attack On SWIFT
Criminals made off with a tidy sum of money after a fraudulent wire-transfer request on SWIFT
UK Consumers Hit By £4.6bn In Cyber Crime Last Year
Worldwide 978 million internet users lost £130bn to cyber crooks, amidst an explosion in connected home gadgets and a poor grasp of basic security practices