506 articles tagged with this keyword
News/Card fraud
In a bid to tackle scammers swindling elderly people out of cash, Japanese students have developed a security tool that warns members of the public to turn off their mobile phones when they approach ATMs.
07 November 2008
The login credentials for hundreds of thousands of online bank accounts and debit and credit cards have been stolen by "one of the most pervasive and advanced pieces of crimeware ever created," according to the RSA FraudAction Research Lab.
31 October 2008
Two men who purloined the details of thousands of credit cards from Chip and PIN terminals and used them to make counterfeits before stealing over £1 million have been jailed at a London Court.
29 October 2008
Digital money outfit Ukash says the credit crunch has helped it record a 130% increase in the number of pre-paid vouchers issued in the UK and Europe this September over the same period last year as online shoppers rein in their spending on credit cards.
20 October 2008
Hundreds of Chip and PIN terminals in shops and supermarkets across Europe have been rigged by criminals and used to steal shoppers' card details, according to US national counter-intelligence executive Joel Brenner.
13 October 2008
The credit crisis has made it more difficult for fraudsters to set up fake accounts so they are increasingly targeting existing bank accounts instead, according to a report from a group of MPs.
08 October 2008
Canadian police have arrested and charged a married couple that allegedly ran an ATM card skimming operation in Toronto.
03 October 2008
Industry losses from online banking fraud increased a massive 185% in the first half of the year to £21.4 million, according to figures released by UK payments association Apacs.
01 October 2008
Banks across the United Arab Emirates (UAE) are sending customers text messages urging them to change their PIN numbers following a surge in fraudulent ATM withdrawals made abroad.
11 September 2008
Canadian police have arrested and charged a criminal gang which allegedly stole C$2 million by hacking the database of a Calgary-based business and loading money onto pre-paid cards.
05 September 2008
The confidential financial data of a million UK customers has been found on a computer that was sold on online auction site eBay for £35.88.
26 August 2008
Hbos chief executive Andy Hornby has fallen victim to ID theft after a fraudster stole his identity and withdrew thousands of pounds from his personal bank account.
20 August 2008
Irish authorities are warning retailers to be on high alert for a criminal gang that skimmed thousands of cards by masquerading as eftpos engineers and replacing legitimate terminals with compromised units in stores.
19 August 2008
Card network Visa is teaming with eight North American banks to pilot an automated alerting system that will notify cardholders of transaction activity via SMS text message and e-mail.
Officers from the UK's Dedicated Cheque and Plastic Crime Unit (DCPCU) have raided a counterfeit card factory in Birmingham and seized equipment that could be used to compromise retailer Chip & PIN terminals.
13 August 2008
London is the card-not-present (CNP) fraud capital of the country, according to a study released security specialists The 3rd Man and 192business.com.
25 July 2008
The UK's House of Lords is calling on the government to make banks legally responsible for losses incurred by customers through electronic fraud.
08 July 2008
Singapore's DBS Bank has signed for a financial crime surveillance system from Actimize, to be deployed by Unisys, that will monitor transactions and analyse potentially suspicious patterns across all its Asia Pacific operations.
Cybercriminals have hacked pages of the US Sony PlayStation Web site, leaving gamers open to malware infection and tricking them into handing over their card account details.
04 July 2008
Over three quarters of Brits fear the introduction of contactless payment systems will leave them exposed to fraud, according to a new survey.
27 June 2008
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