Online banking fraud 'up 8,000%'
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The UK has seen an 8,000% increase in fake internet banking scams in the past two years, peers are told.
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Why settle for just emptying an online bank account? Scammers conned both a mortgage firm and a bank to hit an IT director for Â£60,000. UK police are hunting the gang responsible for the scam, and at least nine others like it, that are estimated to have netted ID fraudsters hundreds of thousands of pounds, The Times reports.â¦
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French bank Societe Generale has uncovered a $7.14 billion fraud that, combined with a write-down from its subprime exposure, will force it to seek $8.02 billion in new capital, the bank said.
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Symantec report says Internet attacks for financial gain on the rise.
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RSA reports that fraudsters are buying and selling stolen credit-card info in an online store that's apparently better-maintained than many legit e-commerce venues.
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A recent flood of fake Citibank e-mail messages demonstrates the growing arsenal of tricks used by online "phishers."
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FRANKFURT: German banks Postbank and Deutsche Bank said Monday that their customers had been recent victims of Internet fraud via copycat websites.
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Financial institutions are asking law enforcement and regulators to share more data to better combat fraud.
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US consumers and businesses have lost an estimated $US500 million ($688 million) to the internet scam known as &quot;phishing&quot;, with seven out of 10 lured to fake websites, according to a survey.
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New Web sites have helped to fuel the rampant mortgage fraud that has caused a huge spike in loan defaults.
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Online theft of financial information from individuals has become one of the fastest-growing non-violent crimes in the Asia-Pacific region, technology research house IDC says.
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Thousands of credit card numbers and other personal data may have been compromised.
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A multi-billion fraud hits the country's second-biggest bank, leading to questions about how such insider schemes can be prevented
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People selling items over the internet or through newspaper adverts are warned of a sophisticated fraudulent payment scam.
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It's warcraft out there Online games have become a major target for fraud in recent years. A study from Kaspersky Labs, published today, dissects the techniques and targets used by hackers to make "easy money" by selling stolen login credentials of users or in-game items on the black market.â¦
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Cash machine fraud increases by 85% to Â£61m during the past year, a banking payment body says.
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The number of Web sites used to steal private account information from online consumers surged in October, as banks and other financial institutions continued to struggle against Internet &quot;phishing&quot; schemes.