Fraud
822 Stories
IT fraud, damages triple for S'pore companies
News Study shows estimated financial cost of insider or third-party fraud last year jumped 224 percent over 2004, and nearly two-thirds of incidents involved the use of IT.
Tags: Data security, Risk Management, Risk Management, Fraud, Survey, compliance, KPMG Consulting Inc., financial reporting, financial, information technology
London remains UK's card-fraud capital
News Over the past six months, London saw the most card-not-present fraud in the United Kingdom, with Romford and Manchester close behind.
Tags: Security, Banking, Fraud, Manchester, London, mail-order, Silicon.com, retail company, U.K., HotSpot
Nine charged in Hyderabad in Satyam fraud
News As elections loom, Price Waterhouse auditors, former chairman Raju, and others are accused of falsifying accounts and other crimes.
Tags: Lawsuits, Accounting, Financial statements, Leadership, Services, India, CFO, Hyderabad, Fraud, CBI
UK online banking fraud rockets as fraudsters get smarter
News As Internet banking fraud jumps 55 percent in the first half of 2009, banking industry body warns that cybercriminals are "never going to shut up shop".
Tags: Authentication and encryption, Data security, PC security, Phishing, Security, U.K., bank, One Security Inc., Authentication and encryption, MasterCard International
Corporate bank accounts targeted in online fraud
News Small and midsize businesses, governments, and school districts are targets of online bank fraud involving malicious e-mails, key loggers, and money mules, FBI says.
Tags: Authentication and encryption, Data security, Business security, Malware, Security, Krebs, bank, Authentication and encryption, Money, Web Browser
Yahoo settles pay-per-click fraud suit
News As part of a class-action settlement, Yahoo plans to create a new ad distribution option that will give advertisers more control over where ads purchased through Yahoo appear.
Tags: Web sites, Web 2.0, Web services, Web browsers, Internet advertising, Yahoo! Inc., Advertiser, Pay-per-click Advertising, advertisement, Web sites
UK online bank fraud doubles to US$76.5M
News According to figures from payments industry association Apacs, online banking fraud in the United Kingdom registered a 132 percent increase on 2007's figure.
Tags: Spam and phishing, Data security, Phishing, Malware, Fraud, online banking, Apacs, payment, Silicon.com, retail company
Hacker pleads guilty to ID thefts netting millions
News Albert Gonzalez faces 25 years in prison and US$3 million in fines and restitution related to charges in New York and Boston, while a New Jersey case is pending.
Tags: Hacking, Data Management, Fraud, Identity Theft, New York, Miami, debit card, Eastern Europe, Hacker, credit card
Three men indicted in largest US data breach
News Florida man accused of stealing credit card data from TJX is among those named in breach involving Heartland, 7-Eleven, Hannaford Brothers and others.
Tags: Authentication and encryption, PC security, Data security, Fraud, 7-Eleven Inc., Identity Theft, SQL, computer, SQL Injection, debit card
Tech that combats employee fraud
News Companies can cut down on worker malfeasance by using tools that monitor Web use and computer keystrokes, but they can't catch every would-be crook.
Tags: Employee, Fraud, computer, SpectorSoft, layoff, BasePoint, IMV Projects, Worker, software, network
Financial fraud hits 7.5 percent of US adults
News Many victims of financial fraud don't report the crime to authorities and few of the criminals are prosecuted, according to a new Gartner study.
Tags: PC security, Data security, Security, Victim, Fraud, Survey, Identity Theft, FTC, Gartner Inc., financial health
Deloitte banking on PIN sharp security
News Staff at Deloitte and Visa will be given new Visa cards, which generate one-time-use passcodes that allow remote access to the company IT system over a virtual private network.
Tags: Security Management, VPNs, Authentication, Security, Fraud, Card, applet, VPNs, phone, e-mail
McAfee launches free online cybercrime help center
News New McAfee Cybercrime Response Unit site offers PC scanning tool and helps people learn whether they are at risk of cybercrime and where to go if they have been victimized.
Tags: PC security, Spam and phishing, Phishing, Cookie, Malware, Security, Site, Fraud, computer, McAfee Inc.
Jobless techies turning to crime
News The credit crunch will drive impoverished techies and IT workers to sell corporate data and use crimeware, forensic experts have warned.
Tags: Hacking, Spam and phishing, Network security, Business security, Phishing, Security, Finjan Software Inc., Fraud, PricewaterhouseCoopers Consulting, information technology worker
Credit card fraud a top concern in US as economy melts
News Fears of financial security rise while national security concerns drop in the United States, according to the latest Unisys Security Index.
Tags: Security Management, Security implementation/standards, Security, Fraud, Survey, financial security, debit card, virus, financial, identity fraud
