Credit crunch will trigger surge in online banking fraud

Continuing our tradition of bringing you the news before it's fit to print, Chris covered "The Emperor's New Security Indicators" in "Why Johnny Can't Bank Safely." Don't miss Andrew Patrick's "Commentary on Research on New...

The Bank of India site is now clean, thanks to the hard work of a number people involved in security and takedown.It’s worth checking the original blog, which was updated as we got more information through the evening.The hack...

One of the main attractions of this year’s FIRST event is the emphasis on networking with other security professionals. Certainly from my discussions with various delegates over the last few days – this is one of the main...

A panel of leading experts are warning that as financial institutions rush to comply with the EU’s Markets in Financial Instruments Directive (MiFID) 1st November deadline, security risks are in danger of being overlooked,...

UK company Secerno announced the results of an independent survey of over 1,200 UK consumers reviewing their concern on the issue of personal data theft. The survey, conducted by Ipsos MORI, reveals that only 5% of respondents...

A survey by Infosecurity Europe of 285 companies has found that a third of businesses do not report their information security crimes and breaches. Further to this, according to interviews Infosecurity Europe conducted with a...

Utimaco will unveil support for Elliptic Curve Cryptography (ECC) algorithms. Utimaco’s support for ECC follows the unveiling of cryptographic guidelines from the European Union and the U.S. Government in independent security...

Online banking fraud has jumped by 8,000% in the past two years, according to UK regulator the Financial Services Authority (FSA). The FSA told a House of Lords committee that it was "very concerned" about the problem.The biggest...

Panda Software is now offering free subscription to eight new digital newsletters for its users to provide the latest IT security news and alerts. These new bulletins are created in response to the growing need of users for...

Security Outfit Websense Inc. announced the results of its first European study of online Christmas shopping behaviour. The survey found that whilst 75% of online Christmas shoppers were not totally confident about being able to...

Four out of seven on-line banks have failed to secure their sites after being alerted over a month ago by information security research and publishing company heise Security, to serious security issues on their web pages for...

HBOS is changing its Bank of Scotland internet banking website in response to a security company's claims that the site was vulnerable. But the bank says that the supposed risk did not pose any dangers to customers.Information...

A YouGov survey published by the BBC a few days ago reveals that Britons spend an average of 50 days a year online. The survey was commissioned by uSwitch.com, an online and phone-based comparison and switching service, in...

I don’t apologise for the really lame title of this blog, as this is a subject that appears to have been done to death over the past few years. There seems to be two camps – those that are cool about internet banking and those...

Enterprise-quality SMS operator TynTec launched a new solution to guarantee secure, scalable and reliable SMS delivery for the financial services sector. The new Banking Grade SMS solution enables banks to send customers'...