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Card fraudsters going back to the real world

There was an interesting feature on the Emirates businesswire last night about the recent spate of credit and debit card frauds in the region and how - it seems - card fraudsters are stepping back from the online world and back to the bricks and mortar arena when it comes to extracting card data.

Thu, 23 Oct., 2008| Posted in News| Section: Security

Phishing attack target Barclays PINsentry punters

Hackers are getting clever and deliberately targeting users of the Barclays PINsentry e-banking system.

Wed, 22 Oct., 2008| Posted in News| Section: Security

French President Sarkozy's bank account hacked

I was mildly amused yesterday to read that the bank account of President Sarkozy of France had been hacked, with "small sums" hoovered up from his account.

Tue, 21 Oct., 2008| Posted in News| Section: Security

Can quantum computing be used to tackle payment card fraud?

There was an excellent piece in the Telegraph yesterday about how researchers at HP's labs in Bristol have harnessed the power of quantum physics to make online payment card transactions more secure.

Mon, 20 Oct., 2008| Posted in News| Section: Security

Chip & SPIN: serious fraud comes home to roost

I was intrigued to see over the weekend that EU law enforcement officials have uncovered a sophisticated scam involving GSM transmission units being pre-installed in Chip & SPIN terminals manufactured in China.

Mon, 13 Oct., 2008| Posted in News| Section: Security

Australian card fraud is rising rapidly

As I've said before, whilst the real size of the card fraud issue is quietly swept under a rather large carpet in the UK, authorities in other countries seem quite willing to tell all on the topic.

Wed, 08 Oct., 2008| Posted in News| Section: Security

Banks unaware of the criminal mole problem

Intriguing to hear a podcast late last week on the Infosecurityadvisor.com Web site by Peter Wood - a member of the ISACA Conference Committee - about how easy it is steal data from companies.

Mon, 06 Oct., 2008| Posted in News| Section: Security

More pro con tips - this time on ATM fraud

Interesting to see a news item penned by Steve Lawson over on the IDG Newswire, quoting a bank hacker going by the name of Chao, who was nicked last month on Turkey.

Thu, 02 Oct., 2008| Posted in News| Section: Security

How card fraudsters operate revealed

There's a fascinating feature over on the CNet site by Bob Vamosi about how card fraudsters - known as carders in the fraud industry operate.

Wed, 01 Oct., 2008| Posted in News| Section: Security

Credit crunch will trigger surge in online banking fraud

As the boffins at the Bank of England put the finishing touches to effectively nationalising the Bradford & Bingley over the weekend, I was interested to read a prediction that the continuing credit crunch will trigger a spike in e-banking fraud.

Mon, 29 Sept., 2008| Posted in News| Section: Security

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Tag: Bank security