294 Results from 2010, /security
Robert Siciliano Security Analyst at Safr.me
“Vishing” occurs when criminals call victims on the phone and attempt to lure them into divulging personal information that can be used to commit identity theft. The name comes from “voice,” and “phishing,” which is, of course, the use of spoofed emails designed to trick targets into clicking malicious links. Instead of email, vishing generally rel...
07 December 2010 /security /regulation
David Divitt Senior Fraud Product Manager at VocaLink
The reduction in fraud levels seen in Australia once again reiterate the potential savings that can be delivered if countries roll out EMV technology, and it will be interesting to see if the current non-EMV countries such as the US reconsider their stance as these stories continue to come through. However, the rise in CNP fraud in Australia shows...
07 December 2010 /security /payments
Brett King CEO & Founder at Moven
The major news feeds of the world are buzzing with the arrest of Wikileaks founder Julian Assange in London today. Assange was arrested based on an extradition request from the Swedish government, issued last week. Swedish authorities had issued the warrant for Assange so they can talk to him about sex-crime allegations supposedly unrelated to Wi...
Every U.S.-based credit card has a magnetic stripe on the back. This stripe can be read and rewritten like a rewritable burnable CD, using card burners that are easily available online. The simplicity of the magstripe’s design, coupled with the availability of card reading and writing technology, results in billions of dollars in theft and fraud. E...
06 December 2010 /security /regulation
Retired Member
Despite Information Commissioner doling out his first-ever fines for Data Protection Act breaches, the UK consumer wants tougher penalties for those deemed to be wrong-doers. Isn’t it great when you finally hear something completely unprovoked – and isn’t it also sweet music to your ears? It appears the ever-sharp UK consumer has obviously been r...
06 December 2010 /security /regulation Information Security
Alex Noble Account Director at McAfee
An interesting story last month on Silicon.com, that the UK Department of Work & Pensions has abandoned its trials of voice biometrics as an anti-fraud tool.This is not a snap decision, as Silicon.com reports that the DWP has spent at least £2.4m on trials since May 2007. This is one of the largest payment organisation’s in the UK, so its dec...
02 December 2010 /security /retail
Most major websites now install cookies on your computer, which track what you do online. Over time, these cookies develop a profile, which becomes your digital fingerprint, to a certain extent. You may have noticed after searching for a specific product, advertisements for that particular product or brand appearing on various other websites you v...
01 December 2010 /security /regulation
Uri Rivner CEO and Co-Founder at Refine Intelligence
I don’t know about you, but I was a bit disappointed with the whole WikiLeaks thingy. I mean, come on. The build up was brilliant: you would have thought we’ll finally have irrefutable evidence that a UFO landed in Roswell, that JFK assassination was indeed a CIA ploy, and that the 1969 moon landing was a NASA concocted hoax. Instead we got a bun...
30 November 2010 /security Innovation in Financial Services
February saw The Big Carbon Robbery. I explained about this unorthodox cash out method here; it’s quite simple really. Every EU country has a carbon emission quota; every polluting manufacturer within that country buys carbon emission licenses in a trading platform. These licenses are expensive, and if you just steal the user name and password f...
Michael Wright ex-CEO, NED at Tilte, Taxd, Welleasy
In the recent Forrester report “Paperless Plight: Growing Resistance Outpaces Adoption” the survey of 3554 online adults revealed that only 24% had switched off paper bank statements. This is a pitiful amount – by any standards. But banks have been pleading, motivating, cajoling, bribing, forcing and greenmailing customers into signing up for onli...
28 November 2010 /security
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