Symantec is warning computer users of a rise in ransomware scams in both Europe and America
TECHNOLOGY POWERING BUSINESS
News fraud
Illegal Data Trade Grows Massively In 2012
Experian finds the illegal data trade market has doubled in size already in 2012, compared with 2011 figures
Global Credit Card Fraud Bust Sees 24 Arrested
FBI sting brings in 24 credit card scammers around the world, including six taken down in the UK
Online Fraud Scheme Hits ‘High Rollers’ For €60m
McAfee spots a highly-automated fraud campaign that has managed to get around banks' two-factor authentication
The Met: We Must Do Better In War On Cyber Crime
Commander Allan Gibson says fresh data sharing initiatives will help the Met get better at fighting cyber fraud
MasterCard And Visa Warn Banks Of Credit Card Data Breach
Sources say that more than 10 million credit card numbers may be compromised
Smartphone Social Media Users Are Prone To Identity Theft
Smartphone owners and social media users are more likely to become victims of identity theft, claims Javelin Strategy
Public And Private Sectors To Share More Customer Data In Fraud Clampdown
The government is expected to announce plans for more efficient data sharing to prevent £21 billion fraud each year
Zeus-based Ice IX Trojan Redirects Bank Phone Calls To Attackers
Modified version of Zeus malware targets online banking customers to capture bank and telephone data
Russian Opposition Sites Hit with Attacks
Websites critical of Russia's government appear to have been silenced in DDoS attacks
Police Shutter 2,000 Fraudulent Shopping Sites
Fake e-commerce sites defrauded shoppers of millions of pounds ahead of Christmas buying season
Beware Of Rogue Apps, Warns Safety Campaign
Malware infested apps can send hundreds of premium texts, warns Get Safe Online
ATM Association Stands Up To Cyber-Crime
ATM Industry Association highlights reverse-engineering and targeting of ATM software as the new fraud frontier
Authorities Clamp Down On Internet Fraud Scams
Police in America and Romania have swooped on gangs operating Internet fraud schemes
Survey Reveals Extent of Internet Phone Scam
A new survey has revealed the true impact from the phone fraudsters who warn users their PCs are at risk
Former Ofcom IT Chief Jailed For Fraud
Ofcom's ex-IT services chief has been jailed for defrauding the organisation out of more than £500,000
Banks Are Failing To Protect SMBs From Online Fraud
Researcher Ponemon claims that financial institutions do not protect smaller businesses from cyber-fraud
Trusteer Launches Cloud-Based Fraud Protection
Trusteer's Pinpoint service is aimed at protecting against banking Trojans such as SpyEye and Zeus
Trusteer Warns Of Bogus Microsoft Support Calls
Scammers and fraudsters are phoning up computer users pretending to be Microsoft support staff
Former Apple Man Pleads Guilty And Surrenders Payout
A former manager at Apple has pleaded guilty to helping suppliers negotiate favourable deals
EU To Act On Carbon Credit Fraud And Theft
The Climate Change Committee will block the holes that let thieves take £5 billion from the carbon exchange
NetSuite Adds CyberSource To Flag E-Commerce Fraud
Screening software in NetSuite's cloud-based ERP platform makes it easier to screen fraudulent transactions
US Government Calls For Identity Ecosystem
The Obama administration has outlined plans for a private sector-led identity system intended to reduce fraud
Santander And Halifax Hit With Christmas Woes
Santander has accidentally sent the wrong statements to thousands of customers, while Halifax's payment system suffered an outage
Facebook Brands Hacking A ‘Major Issue’
Facebook says that hacking scams have become a serious problem for the social network, and plans to implement additional security measures
E-Vendors To Wage War On Mobile Fraud
Banks and social networks must look to personal mobile data such as location information to help combat mobile fraud, according to Gartner
Police Make Multiple Arrests Over iPhone Scam
Nine people have been arrested by police in dawn raids around the country, in connection with phone fraud that has cost mobile operators millions of pounds
Mozilla: Firefox Security Bug Won’t Fool Users
The bug can be used to bypass an alert meant for obfuscated URLs in Firefox
Apple Manager Allegedly Sold Secrets For $1m
Paul Shin Devine has been arrested in California for allegedly helping Apple suppliers negotiate favourable deals with the company
Troy Tackles Fraud With HP Printer Toner
A company has developed special toner that will activate a hidden red dye if fraudsters try to tamper with a printed document