Top 4 Banking Trojans of all Time
Banking Trojans have quickly become a popular tool among online criminals looking to make a quick profit. As the name suggests, these types of malware are solely designed to empty people’s …
Tag: Fraud
Italy Bans Onecoin Over Fraud Investigations
The so-called cryptocurrency has been previously regarded as a scam, but this time, the fraud allegation reached institutional ears: the government of Italy has decided to ban the asset, …
2016 Saw Less ATM Crimes, But Growing Number of Attack Vectors
The new report published by the ATM Industry Association paints a worrisome picture of ATM fraud in 2016. Although the overall crime numbers have gone down, there is a …
Visa Pushes Back EMV Adoption Timeline Plans By Three Years
EMV payment card technology brings additional security features to both consumers and retailers. Even though both Visa and Mastercard want to prioritize the acceptance of this technology as soon …
The American Tax Agency Is Asking Bitcoin Startup Coinbase To Hand Out User’s Data
Today the Bitcoin community saw something unprecedented, the American Internal Revenue Service (IRS, Tax Agency) sent a request to Coinbase, the most popular Bitcoin exchange in the US, demanding customer’s information …
Tesco Bank Confirms They Know What Caused Theft of Customer Funds
Big news was made by Tesco Bank earlier this week, as over 20,000 customers were affected by the theft of funds. As it turns out, the Company’s upper brass …
Transaction Laundering Becomes The New Form of Online Fraud
New forms of fraud and misbehavior are becoming more prominent in the payments industry as of late. The rise of e-commerce is a positive development, but it also increases …
Even Identity Thieves Use The moniker “Bad Credit OK”
October 25, 2016
Finance, News, Security, Technology, Uncategorized
When most of us think of identity theft, we think of the targeting of celebrities and socialites of the world–people with outstanding lines of credit and bank accounts that …
More Than A Dozen Swiss Banks Under Investigation For Money Laundering
Money laundering in the financial sector is nothing new under the sun. A new report makes mention of how as many as 15 Swiss banks could be involved in …