Allstate Insurance has sued 18 persons to recover more than $796,000, which the company paid to its customer due to forged bills prepared by these people. The underwriter filed a case in Federal District Court as a Declaratory ...
Tags: Allstate Insurance, insurance defraud, insurance, defraud case
IDG News Service-Microsoft is linking malicious software analysts with online advertising fraud experts in an effort to disrupt click fraud,a scam where advertisers pay for worthless clicks. The Microsoft Malware Protection ...
The £1.4bn losses caused by a rogue trader at Swiss bank UBS could have been avoided had a computer used to detect unauthorised trading been more effective, according to the Financial Services Authority (FSA). The FSA has fined UBS ...
Tags: FSA, rogue trader, fined, unauthorised trading
Romanian law enforcement authorities have dismantled a criminal group that stole credit card data from foreign companies as part of an operation that resulted in fraudulent transactions totaling$25 million. Officers from the country's ...
Tags: Romanian, card fraud, dismantl a criminal group, specialized online shop
In its November 2012 Blue Coat Mobility Study,the company surveyed 350 respondents and found that most organizations allow employees access to company email(83 percent)and instant messaging(56 percent)on personal devices,but only a fraction ...
Tags: IT, Blue Coat Mobility Study, BYOD, mobile malware
The delayed quarterly reprocessing data for packaging in the third quarter of 2012 was published on the Environment Agency’s (EA’s) National Packaging Waste Database website on Tuesday night (23 October). The figures, which were ...
Tags: market view, Glass recycling
While the risk of being hacked,conned or having sensitive information stolen is possible all through the year,most security experts agree that the holiday season brings a spike in fraudulent activity,both online and off. CSO compiled a ...
Tags: Christmas, Fraudulent auction, payment sites
An international gang of cyber crooks is plotting a major campaign to steal money from the online accounts of thousands of consumers at 30 or more major U.S.banks,security firm RSA warned. In an advisory Thursday,RSA said it has ...
Tags: Cybercriminal, Trojan Attack, international gang of cyber crooks, RSA
Blitz Sport, a supplier of martial arts equipment, is among a handful of UK firms implementing NetSuite's SuiteCommerce platform. Blitz has replaced Sage Line 50 and Dydacomp Mail Order Manager with NetSuite SuiteCommerce, which provides ...
Tags: Blitz Sport, NetSuite, SuiteCommerce platform, cloud-based
The Financial Services Information Sharing and Analysis Center (FS-ISAC) has put U.S. banks on high alert against cyberattackers seeking to steal employee network login credentials to conduct extensive wire transfer fraud. The alert warns ...
Tags: Cybercrime, Hacking, U.S.Banks, IT security
As part of the Federal Trade Commission's systematic review of all current FTC rules and guides, the FTC is seeking public comment on proposed changes to the FTC Rule that requires manufacturers and importers to attach labels with care ...
Tags: FTC, Labeling Rule, garments, clothing, Textile Wearing Apparel
New Jersey,US:The New Jersey Division of Consumer Affairs(DCA)said on Tuesday that it is suing a group of related furniture companies for alleged multiple violations of the state Consumer Fraud Act. In a civil lawsuit filed in Superior ...
Tags: Furnishing, Fraudulent, Furniture
Many automated teller machines(ATMs)and point-of-sale(POS)terminals fail to properly generate random numbers that are required by the EMV protocol to securely authenticate transaction requests,according to a team of researchers from the ...
Tags: ATMs, POS terminal, EMV, secret encryption key, ARQC
A judge has tossed out some of the claims brought against Oracle by Montclair State University in New Jersey over an allegedly failed ERP(enterprise resource planning)software project. Montclair's claims of fraudulent inducement and ...
UK premium phone services regulator PhonepayPlus has fined a Moscow-based firm £50,000 for failing to provide accurate pricing information and charging without consent. Connect Ltd, trading as SMSBill, is the firm behind a malicious ...
Tags: phone services, PhonepayPlus, Android smartphones, popular games