Store loses $10m to Phishers
It seems that it’s not just the general public who get scammed by phishers, in the states one of the big supermarket chains has also suffered at the hands of a phishing email.
Supervalu Inc have conned out of more than $10 million, by transferring the cash into two accounts that had been set up just [...]
Credit cards with built in keypad
As if credit and debit cards were not complicated enough it seems that one card manufacturer has developed a new type of card which it is said will be secure and safe, mind you I thought that was what they said about the chip and pin cards!
This new style card has been designed in partnership [...]
Bank of England loan auction
A new facility is being put in place by the Bank of England today, the emergency fund has been put in place by the Governor of the Bank of England, Mervyn King.
But the banks who only a few days ago were crying out for help are expected not to be taking up any of the [...]
People blamed for banking security breaches
In a survey conducted by the financial services advisory firm Deloitte, it has been determined that people and not machines are responsible for the majority of banking security breaches. This means that both employees and customers are being held responsible.
It would seem that 91 percent of those surveyed are concerned about security risks, and around [...]