1159 articles tagged with this keyword
News/Legal
A UK teenager who ran a Web site retailing stolen credit card details and cybercrime tools has been jailed for five years.
04 March 2011
Banking giant HSBC has agreed to pay $5.5 million to settle a patent infringement case with payment processing outfit LML Payment Systems.
03 March 2011
Former SocGen trader Samarth Agrawal has been sentenced to three years in jail for stealing the bank's high frequency trading code.
A Chicago judge has fined Rosenthal Collins Group $1 million for misconduct in a patent infringement case involving Trading Technologies International.
02 March 2011
A US man has been sentenced to eight years and one month in prison for running an $80 million Ponzi scheme involving fake investments in automatic teller machines.
01 March 2011
Members of an ATM card skimming gang that counted the husband of Irish president Mary McAleese among its victims have been jailed.
11 February 2011
A Russian man has pleaded guilty to his part in a 2008 cyber-attack on RBS WorldPay's computer network, which led to the theft of over $9.4 million, according to press reports.
08 February 2011
Allied Irish Bank (AIB) has begun court proceedings against Oracle Financial Services Software, claiming nearly EUR84 million over a bungled Flexcube implementation, according to broadcaster RTE.
31 January 2011
A Chinese man has been jailed for 10 years for building a fake cash machine and using it to steal victims' bank card details, according to local press reports.
28 January 2011
UK police have arrested five people in connection with the recent spate of DDoS attacks on Web sites belonging to Mastercard, Visa and PayPal, among others, in support of the WikiLeaks cause.
27 January 2011
A US judge has ruled that Investment Technology Group (ITG) did not infringe the patent of rival outfit Liquidnet.
06 January 2011
A former JPMorgan Chase business analyst is suing the bank after claiming she was sacked for blogging in her spare time.
US authorities have raided the house of two foreign exchange students suspected of involvement in a Vietnam-based crime ring that uses stolen credit card numbers, eBay and PayPal to con retailers out of millions of dollars.
05 January 2011
Bank of American has won a court order temporarily preventing four former wealth management employees from using client data at their new firm, Dynasty Financial Partners, a provider of technology and services to investment advisors.
15 December 2010
Former Goldman Sachs computer programmer Sergey Aleynikov faces up to 15 years in prison after a New York jury found him guilty of stealing propriety code connected to the investment bank's high-frequency trading platform.
13 December 2010
MasterCard's Web site is offline after a suspected attack from hackers in retaliation for the card company's decision to cut off payments to whistle-blowing outfit WikiLeaks. The attacks appear to have also hit the MasterCard SecureCode service, disrupting potentially millions of online transactions.
08 December 2010
MoneyGram has won an appeal against a patent infringement judgement that saw it ordered to pay rival outfit Western Union $16.53 million.
An IT worker at Sainsbury's has admitted stealing Nectar reward points worth over £73,000 from the supermarket.
06 December 2010
A UK teenager who ran a cybercrime Website retailing stolen credit card details worldwide is facing a lengthy prison sentence after admitting fraud charges at Southwark Crown Court.
24 November 2010
A former SocGen trader accused of stealing the bank's trading code for use in his new hedge fund job has been found guilty in a trial in Manhattan.
23 November 2010
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