fraud scams clearing in news
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Banks fight e-fraudsters with two-factor authentication
News Losses from this type of fraud doubled in 2005, hitting £23.2m, due to the rise in email phishing scams. Identity theft emails, known as phishing attacks, cost banks £12m last year, according to the... [05 Sep 2006]
UK users 'quitting net banking over security fears'
News According to a national study from Forrester Research, two per cent of 11,300 survey respondents said email scams and malware threats have put them off internet banking.While that's a small percentage, considering there... [07 Sep 2005]
Fighting back against the phishers
News It used to be the case that people fell for 419 Nigerian scams but people have become more sophisticated. Banks claim to have lost £12m last year due to phishing scams. When the scams... [06 Sep 2005]
Banks to cut transaction times
News Earlier this year, Apacs reported online scams caused banks to lose £12m in 2004. The Association of Payments and Clearing Services (Apacs) has set a deadline of October this year to design a system to... [25 May 2005]
Phishing targets put up their guard
News APACS reported earlier this month that banks lost £12m through online fraud last year, as consumers fell victim to identity theft email scams. An APACS report on card fraud stated that... [24 Mar 2005]
UK card fraud fall will mean rise in ID theft
News With phishing scams becoming the new viruses, according to some, the UK's losses to credit card fraud took a tumble last year. According to figures form APACS (Association for Payment... [26 Aug 2004]
Busted: $3.9bn online fraud
News The fraud, which relied on faking the web pages of Bloomberg and Euroclear - the international system for clearing securities and Eurobonds - was picked up after reports to the International Chamber of... [11 Apr 2001]
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