Source: Matthew Parsons @ TTG Digital, 17th April 2013 (Note: The following item has been re-produced with kind permission of TTG, the original article can be found on their website here) Online facial recognition tools such as Facebanx are the latest weapon in the fight against fraud. By Matthew Parsons Card fraud is big business.…
It seems that many of you found my previous post of interest, so as promised, here’s the second part. But first, let’s all have a look at this 2min 48s video: Security Threats by the Numbers from the Cisco 2013 Annual Security Report. Unsurprisingly, the Trustwave GSR highlights that e-commerce sites were the most targeted asset, accounting for 48%…
Source: iovation, 10th September 2012 According to iovation, Linux devices have the highest percentage of fraudulent transactions originating from them. The company came to its findings by analyzing fraudulent transactions as a percentage of overall transactions from each mobile and fixed Internet device it tracked from January to July 2012. Be Sociable, Share! Tweet
Source: Australian Institute of Criminology, August 2012 Minister for Home Affairs and Minister for Justice, Jason Clare, and Assistant Treasurer, David Bradbury have released the results of the AIC’s 2010 and 2011 online scam survey held in partnership with the Australasian Consumer Fraud Task Force. Australasian Consumer Fraud Taskforce: Results of the 2010 and 2011 online consumer fraud…
Source: British Retail Consortium, 22nd August 2012 E-crime is the biggest emerging threat to the retail sector as the rapid growth in e-commerce in the UK sees new ways of shopping being accompanied by new types of crime. In proportion to the total value of sales, e-crime is twice as costly as overall retail crime.…
As spring is in full swing, so are the advertisements for upcoming concerts. I, for one, look forward to getting on my Harley, snagging easy parking, and taking in a few shows this year. And, as with all seasonal activities and events, scammers are gearing up to take advantage of another opportunity to prey upon…
Online gambling and payment fraud is a particularly challenging area in terms of both fraud risk and regulatory compliance. We are pleased to confirm that Cecile Park Conferences have invited #TheFraudTube to deliver a talk on these issues at the Global Gambling Payments Intensive.
The event will take place in London on 17th May 2012. Places are filling fast however we can offer an exclusive discount for registration to this event. To be sent further details on this special offer please use Twitter and send a tweet as follows:
“#ggpi2012 I want to prevent gambling #fraud”
We look forward to meeting up with both familiar friends and new faces alike!
In its recent Annual Fraud Indicator, the National Fraud Authority highlighted that mass marketing fraud against individuals cost the UK economy £3.5 billion in 2011, that is ten time more than the cost of plastic card fraud in the same year, or equivalent to the total fraud losses incurred by the financial services sector in…
