Online banking fraud surged by 14 percent in 2009, according to the UK Cards Association.
Research by the financial organisation revealed that the losses from online banking fraud totalled £59.7m in 2009. It said the increase was due to criminals using malware to target online banking customers rather than [...]
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Filed under: INFORMATION SECURITY, SCAMS AND SCHEMES, TECHNOLOGY
Identity crime is on the rise as criminals become cyber savvy and fish around on social networking sites for personal information, experts say.
Already the cost of identity crime is put at up to $200 million a year in New Zealand. Facebook, Bebo and Twitter continue to gain popularity but having [...]
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Filed under: HEADLINES, INFORMATION SECURITY, SOCIAL MEDIA
It seems the bad guys never take a break. A new report shows that identity theft last year ratcheted higher in 2009 at a rate much faster than the growth of the economy or the pace of inflation.
The 2010 Identity Fraud Survey Report, issued by Javelin Strategy and Research, found that [...]
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Filed under: FRAUD PREVENTION, INFORMATION SECURITY, SCAMS AND SCHEMES
From stolen devices and phishing attacks to buggy apps and human blunders, 2009 was another banner year for data breaches. According to the Privacy Rights Clearinghouse, over 345 million records containing sensitive data have been involved in incidents within the United States since January 2005. But last year, one single breach compromised 130 million records. [...]
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Filed under: INFORMATION SECURITY
What I so love about Mozilla Firefox is the collection of add-ons to expand functionality in virtually any sense. However, this can also expose users of the add-ons to a risk. Earlier this week Mozilla disclosed that a pair of add-ons found at http://addons.mozilla.org site included Trojans.
The two add-ons involved are [...]
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Filed under: INFORMATION SECURITY, TECHNOLOGY
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Renaissance Man Communications Centres Alerts
