Internet scams have been around for as long as the internet itself, and sadly, millions have been taken in by them. Link to article
Category: Latest Fraud News
Identity crime fuels surge in UK fraud
UK fraud reached an all-time high in 2012 with the main culprit being an apparently unstoppable boom in identity fraud, the latest report from the Fraud Prevention Service CIFAS has reported. Link to article
Ten scams on the rise in 2013
There is one industry that is growing rapidly: financial scams. These range from the sophisticated to the downright weird – but all have the same aim: to relieve you of your money. Recent figures from the National Fraud Authority show that the total lost to individuals from fraud and other scams is more than £6bn […]
Advice for good password management
Consumers can take an important step toward protecting themselves by choosing a secure password. Here are some suggestions to keep in mind when creating or updating accounts: •Don’t use any word found in the dictionary or any personal information like your name, birth date, pet’s name, or the street you live on. And never use […]
Met calls for more regulation to stop ticket crime
The Metropolitan Police have called for new regulations and possible new legislation to tackle ticket fraud. The police authority highlights the issues around ‘ticket crime’ in a new report that capitalises on the work it undertook as part of Operation Podium to crack down on anyone selling tickets illegally for the London 2012 Olympics. Link […]
UK was world’s most phished country in 2012
Consumers and businesses in the UK lost an estimated £27bn in 2012 through cybercrime. More than £600m of this was through phishing attacks, making it the most ‘phished’ country in the world. Link to article
Top 10 scams to watch out for
Travel is one of life’s great pleasures, so it is little wonder travellers are more interested in researching which sites to see and which restaurants to visit than finding out what scams they have to watch out for. Link to article
Beware debt collection phone scams!
The BBB has recently received several calls from concerned residents concerning at least two variations of this type of scam over the last two weeks. Link to article
Google To Fix Password Security
Passwords are broken. Trying to protect your digital life with an online password is sort of like protecting your front door with a lock that can be picked with credit card. But amidst all the hand-wringing about hacks at companies like Twitter, Facebook, Apple and Burger King, there is some hope: two bright engineers from […]
Trojan Pilfers Credit Cards from Hotels
Our intelligence center researchers recently uncovered a fraud “package” being sold in underground forums that uses a remote access Trojan to steal credit card information from a hotel point of sale (PoS) application. Link to article
Airline Free Tickets and Vouchers
In a down economy with rising gas prices, many can’t afford to take vacations that involve air travel. For that reason, many residents of the United States were pleasantly surprised when they received a letter from US Airlines offering two free flights worth almost $1300. Link to article
Computer is Locked
Most of us use our computers every day, whether for work, to socialize or to get our daily dose of news from around the world. Yet with increased computer use there is the increased risk of being scammed by computer hackers. Link to article
One Direction ticket scam
Fans of the boy band One Direction, or 1D as they’re known, have been warned to be vigilent as several fake ticketing websites have appeared, attempting to sell fraudulent gig tickets. Link to article
Britons fall victim to £250 million villa fiasco
Up to 3,000 Britons have poured up to £250 million of their savings into a controversial Caribbean property scheme which is facing the threat of legal action. Link to article
Police dismantle ransomware cybercriminal network
Spanish Police, working closely with the European Cybercrime Centre (EC3) at Europol, have dismantled the largest and most complex cybercrime network dedicated to spreading police ransomware. It is estimated that the criminals affected tens of thousands of computers worldwide, bringing in profits in excess of one million euros per year. Link to article
Google warns of rising account break-ins
Google is warning of an increase in sophisticated attempts to hijack legitimate user accounts and use them in email scams. Link to article
Fraudsters Jailed For £2.7m Retailers Scam
An “audacious” gang who scammed well-known retailers out of millions of pounds of goods have been jailed. Link to article
Phishing – the simple scam that will never die
These phishing scams are as old as the internet, yet people still fall for them every day. Link to article
Top ten tips to help prevent staff fraud
UK businesses have never been more susceptible to insider fraud as highlighted by the latest CIFAS Staff Fraud Database. This has revealed a 43% overall increase in the number of staff frauds recorded in 2012 when compared with the previous year. Link to article
Airline Ticket Scam
“I’ve said it before, and I’ll say it again. There are NO free rides in life. You’ll want to remember that if you get a letter in the mail claiming you’ve “qualified for an award of 2 roundtrip airline tickets”. Link to article