The online fraud frontier The online fraud frontier

Criminals have funnelled cash from superannuation accounts, committed ID fraud to rip off tax returns and have circumvented SMS two factor authentication.

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
Phishing scams push up web banking fraud losses

Phishing scams push up web banking fraud losses

Trade association warns that Web users still not taking security seriously.
Robert Jaques Nov 8 2006 9:27AM Security
Phishing scams cause online fraud to rise

Phishing scams cause online fraud to rise

Online bank fraud losses rose sharply in the first half of 2006 due to a surge in phishing scams, new figures show.
Fiona Raisbeck Nov 7 2006 2:29PM Security
Fifefox hacker exposed as a fraud

Fifefox hacker exposed as a fraud

Reported Firefox flaw incapable of remote code execution,
hacker admits.
Tom Sanders Oct 4 2006 10:06AM Security
Buyer: Ernesto domain names not for fraud

Buyer: Ernesto domain names not for fraud

An Oregon grad student said today that he had no intention of scamming people when he registered a number of Hurricane Ernesto-related domain names.
Dan Kaplan Aug 30 2006 6:50PM Security
Yahoo settles click fraud lawsuit

Yahoo settles click fraud lawsuit

Yahoo has settled a lawsuit filed by Checkmate Strategic Group which alleged that the search firm provided insufficient protection against click fraud.
Tom Sanders Jun 30 2006 9:58AM Software
Chip-and-Pin fraud hits Shell

Chip-and-Pin fraud hits Shell

Petrol firm Shell has suspended Chip-and-Pin payments in its U.K. petrol stations after more than £1 million ($1.45 million) was stolen from customer accounts. Eight people have been arrested in connection with the fraud.
René Millman May 8 2006 4:21PM Security
Web fraud costs victims $180M

Web fraud costs victims $180M

Victims lost more than $180 million in web fraud incidents reported by the Internet Crime Complaint Center (IC3) last year, according to the IC3’s fifth-annual Internet Crime Report.
Dan Kaplan Apr 10 2006 9:31PM Security
Web banking fraud losses double in U.K.

Web banking fraud losses double in U.K.

A sharp hike in the volume and sophistication of phishing scams pushed British online banking fraud losses to record levels of £23 million in 2005 – almost double the previous year’s losses of £12 million, APACS, the U.K. payments association warned yesterday.
William Eazel Mar 10 2006 9:38AM Security
Game on for FTC's battle against online auction fraud

Game on for FTC's battle against online auction fraud

The Federal Trade Commission (FTC) today reported that it received 80,450 complaints related to internet auctions in 2005, representing about 12 percent of the total number of complaints. According to the organization, the latest figures indicate that web auction fraud has become responsible for the second most common kind of complaint after those about identity theft.
William Eazel Mar 1 2006 10:12AM Security
Taskforce warns of advance fee fraud scams

Taskforce warns of advance fee fraud scams

The Australasian Consumer Fraud Taskforce is warning consumers about advance fee fraud scams.
Staff Writers Feb 21 2006 3:20PM Security
New U.K. cards will not help in battle against fraud

New U.K. cards will not help in battle against fraud

Legislation before the U.K. Parliament to introduce compulsory ID cards will not solve the fast rising problem of identity theft, fraud prevention experts warned today.
William Eazel Feb 14 2006 10:32AM Security
New variant hides 'elaborate' eBay fraud

New variant hides 'elaborate' eBay fraud

Security experts have warned web users to guard against a newly intercepted mutant of the Feebs trojan that attempts to dupe eBay users with an "elaborate" fraud.
William Eazel Feb 8 2006 11:51AM Security

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