One of Imperva's security researchers has warned of automated registration bots, says "they're great at concealing fraud."
Tesco Bank was allegedly warned of fraudsters using "Glitch 91" to steal money, and failed to protect its customers.
Nearly half (48 percent) of consumers who shopped online in the past year have experienced payment fraud.
With a reported 20,000 customers losing money over the weekend, Tesco Bank appears to be struggling to deal with the volume of customers demanding their money back. Should Tesco have been better prepared?
This week In Case You Missed it looks at: £1.9 bn for UK cyber strategy; Hospital hacked; More NSA leaks; Fraud attack league; Directors' breach liability
Phil Filleul discusses how banks can beat off cyber-criminals using a range of methods and explores how graph analytics can improve their defence and protection
Phishing remains one of the top threats seen by organisations today. Threat actors use various social engineering tricks to convince users that their requests for information or money transfers are legitimate.
The City of London Police have arrested a man in Romania charged with involvement in a campaign that installed malware on to ATMs around the UK
Including fraud in the UK crime figures resulted in online crime overtaking physical crime, now Financial Fraud Action UK (FFA UK) reports that fraud in the payments sector has jumped 53 percent over last year.
A majority (84 percent) of UK consumers believe that fewer than 20 companies hold sensitive information about them online.
Proofpoint's inaugural Social Media Brand Fraud Report has shown a significant rise in social media-based fraud, and warns it is a growing business risk.
City of London Police arrested a woman who works for Sage on suspicion of conspiracy to defraud. The arrest occurred at Heathrow Airport.
With nearly a quarter of ID fraud victims being savvy users of mobile and social media platforms in the UK last year, regular device updates nor computer literacy are stopping users from engaging in harmful online behaviour.
With the first concrete inclusion of cyber-crime and fraud stats, the Office of National Statistics has shown that cyber-crime is nearly high as all other kinds combined.
Your next scam du jour: targeted stings and swindles based on impersonating key personnel are hitting as many as 400 companies a day.
Along with the significant worldwide increase of mobile transactions for the booking of flights, hotels and rental cars during the summer months, fraudulent activity against online travel companies go up as well.
The Daily Star newspaper is reporting that a new device has surfaced online which has the ability to clone 15 contactless bank cards a second.
Study finds that four in five FTSE 100 companies has potentially malicious domain registrations against them due to brand-spoofing by hackers.
Annual fraud losses in the UK could amount to £193 billion, much higher than the government estimate of £50 billion.
A recent Pindrop study found a spike in call centre fraud as cyber-security improves.
According to Kaspersky, ATMs are far easier to get into that you might think
Whether through loss of financial assets or damage to an organisation's brand, online fraud is becoming more of a problem and has the capacity to significantly and negatively impact a business, says Gad Elkin.
Holidaymakers are being ripped off by a number of scams originating from online travel agents with fake reviews and rigged pricing.
Over £57 million has been stolen from the Bangladeshi Central bank by hackers - Bangladesh government threatening to sue the New York Federal Reserve Bank.
In this week's In Case You Missed It, we look back at NatWest 'smishing' scams, Locky runs rampant, companies taking cyber-security more seriously and other stories.
ICYMI: €50 m cyber-fraud; Codoso back; MS/US gov clash; Adultery extortionists; Apple's encryption keyJanuary 29, 2016
The latest In Case You Missed It (ICYMI) looks at €50 m aeroplane cyber-fraud; Chinese cyber-espionage returns; MS resists US claim on data; Extortion of Ashley Maddison members; Apple iCloud Backup insecure.
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SC Magazine UK Articles
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