credit card fraud
RSS credit card fraudNorwich Union Life fined for data control 'weaknesses'
News Aviva PLC, of which Norwich Union Life is a subsidiary, issued a statement on Monday apologising for the fraud. Norwich Union Life apologised, saying the fraud was unacceptable. The financial services company blamed "organised fraud" for the losses... [17 Dec 2007]
Top 10 financial services stories of the year
News London hottest for online card fraud Research found London was the hottest spot in the UK for distance purchase (or card-not-present) card fraud. The report sponsors, Early Warning predicted card-not-present fraud would hit £200m in 2007. [17 Dec 2007]
The Anatomy of a Phishing E-mail
White Paper Phishing scams—the emerging form of online fraud that relies on bogus e-mails and look-alike Web sites to trick users into submitting login IDs, passwords, credit card numbers, Social Security numbers, and other personal or financial data—have... [13 Dec 2007]
Solutions for Complying with PCI-DSS
White Paper The Payment Card Industry Data Security Standard (PCI-DSS), produced and governed by the major credit card companies, comprises directives to reduce fraud.Citrix Application FirewallTM, along with other Citrix solutions, provide compliance... [09 Nov 2007]
Experian adds anti-fraud tool
News Brooker said since the banking community has concentrated on reducing credit card fraud, fraudsters have moved on to other things, such as direct debit and direct credit fraud. Financial risk management specialist Experian has launched an account... [03 Oct 2007]
Escape the data management minefield
Comment And at a time of extreme data sensitivity, with identity theft and fraud rife, you'd think its importance would have sunk in. In a recent case Newcastle City Council's computer systems allowed the download of 54,000 customer credit card records. [13 Sep 2007]
Steve Ranger's Notebook: Don't let sleeping data dogs lie
Comment Until, that is, you discover someone has used your details in an identity fraud. What if your credit card details, address, date of birth, bank account data - everything about you that an identity thief could possibly want - were stolen by hackers... [04 Sep 2007]
Data breach laws 'make companies serious about security'
Comment California's data breach law has forced organisations to take data security seriously - and has given consumers the tools to protect themselves against fraud, according to one of the architects of the legislation. [03 Sep 2007]
Web security breach exposes 54,000 card details
News Newcastle City Council claims there is no indication of any fraud on the affected cards. Newcastle City Council CEO Ian Stratford added in a statement: "We very much regret that this situation has developed, although we would again stress that... [27 Jul 2007]
Data breach rules 'creating uncertainty for execs'
News They have so many influencing factors to think about not least the fact that they potentially face personal liability under the Data Protection Act and the Fraud Act for the failures of their company. [24 Jul 2007]
PCI DSS Made Easy: Addressing the Payment Card Industry Data Security Standard (PCI DSS)
White Paper Major credit card companies are pushing hard to stop the financial fraud incidents that have affected numerous organizations and their consumers. Consequently, organizations that accept payment card transactions are duly bound to comply with PCI... [06 Jul 2007]
Cheat Sheet: Chip and PIN
Cheat Sheet It should be noted that the switchover cost more than £1bn, according to the card companies, so it does seem they're expecting to recoup quite a bit of money from reducing fraud. But card-not-present fraud now makes up nearly 50 per cent of all... [13 Jun 2007]
Chip and PIN slaps face-to-face fraud
News Incidents of face-to-face credit and debit card fraud have tumbled by 67 per cent since the introduction of the chip and PIN standard 24 months ago. But card fraud overall has only dipped by a few per cent according to payments industry... [02 May 2007]
Barclays doles out 500,000 chip and PIN devices
News Barclays is the first organisation in the UK to roll out chip and PIN terminals to its customers and already offers an SMS text-alert payment confirmation system and anti-keystroke logging technology to combat potential fraud. [18 Apr 2007]
ID fraud reports rocket
News Mail order companies were hardest hit in terms of fraud volumes, accounting for approximately 60 per cent of total cases, while the biggest loses were suffered by credit and store card issuers. The internet is helping criminal gangs to coordinate... [12 Apr 2007]
