About Employee Fraud In our further look at employee fraud we look at the types of fraud committed by employees, but first we need to establish why employees commit fraud in the first place? Studies have shown that employee fraud is committed for the following reasons: 1. Opportunity – generally as a result of the […]
Month: November 2014
Employee Fraud – part 1
About Employee Fraud Every organisation is vulnerable to employee fraud and should have regard to pre-employment screening in order to minimise the threat of loss to the business. It is no defence to fraud that an employee has experience within the industry, or that they have worked for a large company. UK law requires that […]
Payment Fraud
About Payment Fraud What is Payment Fraud and how does it have a detrimental effect on my business? Most businesses first experience with Payment Fraud is when they receive a letter from their bank stating that a card holder is challenging a payment made to your company. The initial thought is that an error has […]
Website sells stolen credit card details for £8
Cocos Keeling Islands registered website sells credit card details stolen by hackers for as little as £8. Accessible openly on the Internet, the Rescator.cc website works similarly to eBay. The website’s customers can select a country from which a credit card of their desire should come from, choose between Visa, MasterCard and American Express and […]
Major flaw’ discovered in Visa’s contactless cards
Contactless debit cards – which are meant to have a spending cap of £20 per purchase – could be manipulated to transfer thousands into a scammer’s account, experts say. Shoppers can buy sandwiches, bus tickets and other small items by simply tapping their card on a scanner at a till, without having to type in […]
Email Scams Are More Effective Than You’d Expect
You know those weird emails that try to trick you into handing over your information? Turns out they work way better than you’d expect, according to a new study from Google and the University of California, San Diego. Certain websites included in phishing emails successfully lure users up to 45 percent of the time, according […]
Scammers target Booking.com
Online travel agent Booking.com has admitted that it has had to compensate customers whose personal details have been stolen. Guests booking hotel rooms have unwittingly handed over money to criminals. By accessing Booking.com reservations, the crooks have been able to obtain contact details to send customers demands for prepayment.Booking.com says it is countering the fraudsters. […]
Thirteen unlucky holiday scams
You place your laptop on the airport security scanner while waiting for a couple of people to pass through the metal detector. The first passes, but the second person triggers the alarm and laboriously takes out coins, jewellery and a mobile phone from his pockets. By the time you go through, the first person has […]
Thousands at risk from credit card fraud website
Thousands of British bank customers are at risk of fraud thanks to a website which offers a “one-stop shop” for anyone to buy credit card details stolen by hackers. Rescator.cc offers an eBay-style service for hacked financial data. In just half a dozen clicks anyone can purchase a stolen card for as little as £8.Channel […]
Number spoofing scam nets millions for fraudsters
A new phone scam – known as number spoofing – is netting millions of pounds for fraudsters, consumers are being warned. Financial Fraud Action UK (FFA UK) said the scam has become increasingly common in recent weeks. Typically criminals fool people into thinking they are talking to their bank, or the police, on the phone. […]
Top five Facebook scams revealed
Almost half of social media threats prey on users’ curiosity to check who has viewed their profile, according to new research. Facebook users continue to fall for the same old scams, according to new research, with even well-educated people giving themselves up to inappropriate and even dangerous behaviour on the social network. In a two-year […]
E-mail Scam Pretending to Provide Air Ticket Identified
According to Cyveillance, a security company, one malware-laced spam mail run, spotted over a month back, alluring Internauts for clicking on bogus e-tickets for airplane travel, continues to thrive, published softpedia.com dated October 24, 2014. A series of details appear on the said spam mail such as the ticket number, departure time and date, seat […]
Email scammers lure motorists
These days scammers will try anything to lure in their victims and now we’re being warned by the latest, in the form of a speeding ticket. Australian motorists are being told to be weary of a new scam email campaign pretending to be a ‘Penalty notice’ issued by a government authority such as the NSW […]