A number of fake and fraudulent emails are in circulation claiming to be from British Airways, as well as new scams being operated by phone call, voice mail or text messages. Link to article
Category: Latest Fraud News
Billion Records Compromised in 2014
In first nine months of 2014, after 1,922 confirmed incidents, criminals managed to compromise 904 million records. Many of the incidents reported in 2014 were record setting, including twenty of them that resulted in the compromise of more than a million records each. In retrospect, it can be safely said that criminals have had a […]
Windows Live and Playstation Network Hacker
A hacker group by the name of DerpTrolling announced today that they broke into the Playstation Network, 2K Games and Windows Live to make off with a massive amount of login information as well as 500,000 credit card details. As a warning shot, DerpTrolling posted a Pastebin of over 5,000 different emails and passwords, accompanied […]
Ex-Chambers chief jailed for £3.3m inhouse fraud
A former finance director of Chambers Travel Group (office pictured) has been jailed for embezzling £3.3 million. Alan Cooper pleaded guilty to fraud charges at the Old Bailey and was sentenced to five years’ jail, following an investigation by the Serious Organised Crime Agency. Link to article
HSBC Robbed of 2.7 Million Credit Card Details
The Turkish arm of HSBC has said that cyber-criminals have stolen credit card information of 2.7 million of its customers in the country. HSBC Turkey said credit card information of customers had been compromised, but added that the victims are not at risk of having their money stolen. The bank said that additional security measures […]
Brits Attacked By Amazon Phishing Scam
Security specialists warn email users to be “extra cautious” this holiday shopping season. Security researchers at web and email firm AppRiver have tracked two types of Amazon phishing emails that are targeting the UK – one at a quantity of 600,000 and the other at 160,000. Both carry Trojan malware that harvest banking login credentials, […]
12 Scams of the Holidays
Fa la la la la, la la la la. Yes that’s me singing, but thank goodness you can’t really hear me (I save that for the shower). If you can believe it, it’s that time of the year again (even though it seems like we just finished Halloween). Time for holiday parties, family traditions, ugly […]
Booking.com refunds customers
Booking.com refunds customers after online phishing scam. Booking.com, the travel agent, has said it has paid out compensation to customers after as many as 10,000 were affected by an online phishing scam. Victims were tricked into handing over money to criminals who had managed to obtain details of their reservations. They then sent them bogus […]
How to Combat Online Fraud in E-commerce
Online fraud costs UK e-commerce providers £29.3m in the first half of this year – up a startling 71% on the same period in 2013. Despite these alarming figures, the solutions implemented by e-merchants for fighting fraud are relatively inefficient. So, what are the most common fraud management solutions? Can e-commerce companies fight fraud without […]
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 […]
SFO starts Tesco criminal investigation
The Serious Fraud Office (SFO) is carrying out a criminal investigation into accounting irregularities at supermarket giant Tesco. Tesco says it has been “co-operating fully” with the SFO. Last week, the supermarket announced that its profits had been overstated by £263m, up from an initial estimate, made last month, of £250m. The inflated profit figure […]
Facebook profiles could expose you to card fraud
Millions of social media users may be vulnerable to identity theft, according to a new Which? investigation. Our researchers successfully applied for a credit card in the name of a volunteer, using details from their Facebook profile cross-checked with other publicly available information, such as phone directories. Which? believes many other social media users unknowingly […]