The online fraud frontier

The online fraud frontier

Criminals have funnelled cash from superannuation accounts, committed ID fraud to rip off tax returns and have circumvented SMS two factor authentication.

Latest about The online fraud frontier

Cyber crime ringleader sentenced to five years in prison 

Cyber crime ringleader sentenced to five years in prison

One of the masterminds behind the infamous "Operation Phish Phry" was sentenced to five years in prison.
Former banker accused of $665,000 fraud 

Former banker accused of $665,000 fraud

Faces larceny charge.
Debit card fraud linked to Global Payments breach 

Debit card fraud linked to Global Payments breach

Fraudsters hit school cafe.
Hackers hold Belgian bank to ransom 

Hackers hold Belgian bank to ransom

Ransom refused: 'We don't like blackmail'.
SOCA shrugs off DDoS attack 

SOCA shrugs off DDoS attack

Attack may be retaliation by angry carders.
Botmaster offers fraud service for noobs 

Botmaster offers fraud service for noobs

Includes live support and custom script injection.
Card brands dump Global Payments 

Card brands dump Global Payments

Visa asks company to re-validate to PCI standards.
15,400 Aussie credit cards saved in police sting 

15,400 Aussie credit cards saved in police sting

AFP save $3.75 million in fraud by spying on carder websites.
Impact of fake Facebook accounts detailed 

Impact of fake Facebook accounts detailed

The downturn in spam has led to a rise in rogue direct marketing on social networks.
Scammers pool talent to bolster malware, profits  

Scammers pool talent to bolster malware, profits

Affiliate networks combine cracking talents.
Hacker charged after million dollar heist 

Hacker charged after million dollar heist

Scammers made nine-fold profit in minutes.
Thieving staff safe from US hacking laws 

Thieving staff safe from US hacking laws

US court decision could benefit #wikileaks source Bradley Manning.
Zeus pillages billing providers 

Zeus pillages billing providers

Malware takes screen caps of payment website.
Financial services biggest cyber crime victim 

Financial services biggest cyber crime victim

Almost one in two financial services organisations were defrauded last year, according to research.
1000 scam calls hit WA business 

1000 scam calls hit WA business

Toll fraud thriving.
Carberp Trojan netted crims $2m 

Carberp Trojan netted crims $2m

Eight Russians arrested on suspicion of fleecing 90 bank accounts.
Pinterest users defrauded by scammers 

Pinterest users defrauded by scammers

The all-the-rage virtual pinboard Pinterest is home to scammers.
Victorians to vote online next year 

Victorians to vote online next year

Security to be tested during by-elections.
Online retailers mull anti-fraud pact 

Online retailers mull anti-fraud pact

Carsales, Drive and eBay want to share blacklist data on known fraudsters.
McDonald's staffer skimmed payment cards for Nintendo 3DS  

McDonald's staffer skimmed payment cards for Nintendo 3DS

Fraudsters bought iPads and laptops.
Incident response and e-voting discussed at Security on the Move 

Incident response and e-voting discussed at Security on the Move

Breaches, cloud computing contracts, and fraud go under the spotlight.
Massive ATM skimming ring cracked 

Massive ATM skimming ring cracked

Skimmers netted $800,000.
Crims make $3 million a year off Android botnet 

Crims make $3 million a year off Android botnet

Uni researcher finds world's biggest Android botnet.
Japanese Police arrest six over alleged virus scam 

Japanese Police arrest six over alleged virus scam

Suspected 1.1 million infections.
US Court forces user to decrypt device 

US Court forces user to decrypt device

Requirement can already be imposed on Australian citizens.
11,000 tweeters disclose email addresses in one day 

11,000 tweeters disclose email addresses in one day

More than 11,000 email addresses were published on Twitter over a 24-hour period.
US EMV deadline set for 2015 

US EMV deadline set for 2015

Non-compliant merchants bear fraud costs.
Google profits from illegal Olympic ticket ads 

Google profits from illegal Olympic ticket ads

Fraudsters trump legit retailers in AdWords.
Secret service nabs Romanian ATM fraudster 

Secret service nabs Romanian ATM fraudster

Skimmed 40 ATMs in New York City.
Beware Facebook Timeline scam pages 

Beware Facebook Timeline scam pages

There's no Timeline Office.
Police bust 55 in US cyber fraud, ID theft ring 

Police bust 55 in US cyber fraud, ID theft ring

Bank insiders helped bypass anti-fraud technologies.
Kim Jong-il malware circulating 

Kim Jong-il malware circulating

Spammers capitalise on leaders' death.
Romanian bank fears hack, axes cards 

Romanian bank fears hack, axes cards

17,000 cards blocked.
ANZ takes eStatements offline 

ANZ takes eStatements offline

Privacy URL bug triggers take down.
ANZ Bank's sticky statements a prize for ID thieves 

ANZ Bank's sticky statements a prize for ID thieves

Bank statements stored in browser history.
Google app store ban worth the cost 

Google app store ban worth the cost

Google dev fee the cheapest around.
Typosquatting on the uptick 

Typosquatting on the uptick

Users directed to malicious sites.
$16m man slipped past QLD Health audits  

$16m man slipped past QLD Health audits

KPMG, Clayton Utz to investigate.
80k Subway customers fleeced in credit card hack 

80k Subway customers fleeced in credit card hack

Payment terminals had guessable passwords.
Superannuation fraud on the rise 

Superannuation fraud on the rise

No recourse for victims, but improvements are underway.
ID thieves steal tax returns 

ID thieves steal tax returns

The Australian Tax Office pays fraudsters thousands in overblown tax claims.
$45k stolen in phone porting scam 

$45k stolen in phone porting scam

Scammers steal identity, redirect banking verification codes.
Three indicted in ATM skimming bust 

Three indicted in ATM skimming bust

Two of the three accused are behind bars.
Police: Pen tests could thwart 90 percent of breaches 

Police: Pen tests could thwart 90 percent of breaches

But more resources needed.
US banks warn of over-phishing 

US banks warn of over-phishing

Tackle includes auto dialers, SMS and email.
Cops bust largest fraud ring in US history 

Cops bust largest fraud ring in US history

New York criminals rent Lamborghinis, Porches, fly private jets.
Hackers sell PayPal accounts for 50 cents 

Hackers sell PayPal accounts for 50 cents

Bargain prices for stolen verified accounts.
Analysis: PCI DSS, five years on 

Analysis: PCI DSS, five years on

In 2006, PCI adoption was at 12 percent.
Countrywide fraudster gets eight months in prison 

Countrywide fraudster gets eight months in prison

Identity thief ordered to pay $1.2 million.
Microsoft kills botnet, names mastermind 

Microsoft kills botnet, names mastermind

41,000 computers freed in botnet take-down.
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