fraud

Drug dealers move into online fraud

Drug dealers move into online fraud

As lucrative as class As and less chance of getting shot.
Iain Thomson Apr 26 2007 12:45PM Security
Former CA CEO to pay US$800mn in fraud restitution to investors

Former CA CEO to pay US$800mn in fraud restitution to investors

Embattled former CA CEO Sanjay Kumar, who was sentenced to 12 years in prison after bogusly inflating the company's stock price to meet Wall Street's expectations, has agreed to pay about US$800 million to victims he helped defraud.
Dan Kaplan Apr 17 2007 6:51AM Security
Phishing fraud emails target domain name owners

Phishing fraud emails target domain name owners

Domain name owners are the target of a sophisticated scam disclosed by the US SANS Internet Storm Center late last week.
Frank Washkuch Mar 27 2007 1:20AM Security
Yahoo appoints click fraud tsar

Yahoo appoints click fraud tsar

Legal eagle battles online crime.
Iain Thomson Mar 23 2007 11:52AM Training & Development
Stolen data from major US retailer used in credit card fraud ring

Stolen data from major US retailer used in credit card fraud ring

A multimillion-dollar state-wide credit card scam has been uncovered in the US, six arrested and four warrants have been issued.
Frank Washkuch Mar 22 2007 3:00AM Security
Xbox Live fraud on the rise

Xbox Live fraud on the rise

Microsoft ignoring account theft, cricits charge.
Tom Sanders Mar 21 2007 8:40PM Security
FBI: Web fraud cost more than US$200 million in 2006

FBI: Web fraud cost more than US$200 million in 2006

Male. Between 30 and 50 years old. Residing in California, Texas, Florida or New York. That's the most likely profile for a 2006 victim of web-based crime, according to a report from the FBI and the National White Collar Crime Center.
Frank Washkuch Mar 21 2007 3:33AM Security
Online fraud losses soared to $88m last year in UK

Online fraud losses soared to $88m last year in UK

Online fraud losses soared to £33.5 million ($88 million) last year, with an increase of 44 per cent from 2005 following a surge in phishing attacks, new research shows.
Fiona Raisbeck Mar 15 2007 10:21AM Security
Thumbprint scheme aims to slash identity fraud

Thumbprint scheme aims to slash identity fraud

An initiative championed by a consumer to slash the number of identity theft victims has been adopted by one of the UK's top credit reference agencies.
Fiona Raisbeck Mar 2 2007 12:36PM Security
Google steps up click fraud war

Google steps up click fraud war

Advertisers allowed to build IP blacklists.
Tom Sanders Mar 2 2007 8:26AM Software
Another laptop stolen in UK 16 000 affected

Another laptop stolen in UK 16 000 affected

Thousands of employees at Worcestershire County Council are demanding answers after being told they are in danger of becoming victims of identity fraud following the theft of a laptop containing their bank and national insurance details.
Fiona Raisbeck Feb 28 2007 1:50AM Security
Plans to cut card fraud 'too complex'

Plans to cut card fraud 'too complex'

Fraud prevention mechanism risks alienating genuine customers.
Clement James Feb 21 2007 10:56AM Security
Westpac closes the net on ATM fraud

Westpac closes the net on ATM fraud

Westpac confirmed this week that all its Australian ATMs will soon be protected by anti-skimming technology that will reduce unauthorised devices from scanning card holder information.
Negar Salek Feb 15 2007 12:13PM Security
County treasurer accused of funneling US$1.2million to Nigerian fraud scam

County treasurer accused of funneling US$1.2million to Nigerian fraud scam

A former Michigan county treasurer was arrested last week for allegedly embezzling more than US$1.2 million in public funds to a Nigerian fraud scam.
Frank Washkuch Jan 24 2007 6:32PM Security
Swedish bank hit by ($1.5M) internet fraud

Swedish bank hit by ($1.5M) internet fraud

Swedish bank Nordea has suffered the biggest internet fraud in history after more than eight million kronor ($1.5M) disappeared as a result of tailor-made Trojans launched by Russian criminals.
Matt Chapman Jan 22 2007 9:37AM Security
PayPal claims key victory against fraud

PayPal claims key victory against fraud

Key fob device provides new security code every 30 seconds.
Shaun Nichols Jan 16 2007 9:20AM Security
Opera, like Microsoft and Mozilla, adds fraud protection tool

Opera, like Microsoft and Mozilla, adds fraud protection tool

The new version of Opera Software's browser contains a fraud protection tool.
Dan Kaplan Dec 21 2006 10:16PM Security
Experts warn of continuing 419 fraud danger

Experts warn of continuing 419 fraud danger

Clinton romance puts Nigerian scam emails in the spotlight again.
Robert Jaques Dec 15 2006 9:55AM Security
Experts warn of continuing fraud danger

Experts warn of continuing fraud danger

An IT security firm has warned computer users to be on their guard against so-called 'Letters from Nigeria' as rumours of Chelsea Clinton's new boyfriend and his convicted father have been published in the press.
Robert Jaques Dec 15 2006 9:54AM Security
Trio convicted of US$60m software fraud

Trio convicted of US$60m software fraud

Group resold Microsoft educational products and laundered profits.
Shaun Nichols Dec 12 2006 9:46AM Software

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