Fraudster’s getaway on last minute bookings
For credit card fraudster to succeed they rely on the credit card being valid and that the system does not pick it up, otherwise all of the illegal work would have been for nothing.
There is a growing sector for credit card fraud where the credit card and the fraudster are able to get away, literally!
The [...]
Online fraud scares consumers
Although it may seem from the figures that are often released online sales are on the rise, so that would mean that the average consumer would be ok with conducting their business online. Not necessarily so, because in a recent survey it has been found that a third of internet users are not happy to [...]
Hackers find how to steal PIN numbers
It used to be that hackers who wanted o steal PIN numbers would have to do this one by one; this would normally mean that they would have to use skimming, cameras fitted to ATM machines or by phishing attacks.
However, in the US it has been found that when a PIN number in entered the [...]
Banks caught up in a fraud
Some of the largest names in the banking world have been caught up in massive $50 billion fraud; this has led to the person behind it, New York financier, Bernard Madoff on serious fraud charges.
Once again, some familiar names within the banking industry are listed as being involved in this fraud.
HSBC $1 billion
Royal Bank of [...]