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The UK's Financial Services Compensation Scheme is doing its bit to keep the phishing industry in business by sending e-mails to customers of defunct Internet bank Icesave advising them to log-on to t...
I have no doubt that mobile authentication might be a better approach than the dongle full of passwords you're supposed to leave in the office. While it's handy to have a USB stick to carry data aroun...
The DTCC buying LCH.Clearnet looks a no brainer deal for both companies with both increasing their business potential and both able to rationalise their cost structures. This is certainly the case at...
http://www.finextra.com/finchannel.asp?topic=security Published: 31 October 2008 - 15:53 Trojan steals 500,000+ bank and card details The login credentials for hundreds of thousands of online
I just came back from RSA Conference Europe, which – as always – is an amazing time of the year. One particular perk of this event was the public display of the Engima machine, believed by the German...
Sarkozy isn't the only recent high profile victim of fraudsters. Des O'Connor - British chat show host and famously bad singer - was taken for around £1000 by a shop assistant who used his mobile ph...
French police have arrested six people in their investigation into the high-profile fraud attack on President Sarkozy, but believe they are only minor figures in a wider plot. What's more interesting ...
This GEMALTO mini online banking authentication device and IBM's USB dongle stick (whatever its called) are not any better than a simple time-based OTP generator. And no, I don't work for RSA or Veri
While I commend IBM on their attempt to create a practical solution to online banking fraud, because we all know there is a real problem, but this device, which looks very similar in concept to someth...
I found this news release by the FBI quite amusing - http://www.fbi.gov/page2/oct08/threatletters_102308.html It seems 'a series of threatening letters filled with an unknown powder started showing u...
The fraud results released by APACS are generally as expected in the industry, with steady increases in card-not-present (CNP) and counterfeit card fraud, however there are a few numbers that raise qu...
With the growth of a new finance method or channel timeless fraud methods will take on new forms, and people will continue to incorrectly declare that the problem is limited to the new channel. Phishi...