Cybercrime

Cybercrime, or computer-oriented crime, is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target.

Source: en.wikipedia.org

Fraudsters Bilk Bankers Out Of $32M
Fraudsters Bilk Bankers Out Of $32M
November 01, 2016  |  Security & Fraud

Investment bankers in Hong Kong were tricked out of millions of dollars by a cash-advance business called Global Merchant Funding (GMF). According to Bloomberg, smooth-talking...

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British Banks Stay Mum On Cyberattacks
British Banks Stay Mum On Cyberattacks
October 17, 2016  |  Security & Fraud

In order to keep their public images intact, many financial institutions in Britain are choosing not to report the full extent of cyberattacks to regulators....

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Hackers Won’t Let SWIFT Catch A Break
Hackers Won’t Let SWIFT Catch A Break
October 14, 2016  |  Security & Fraud

Another day, another cyberthreat on SWIFT. The global interbank messaging system, which is used to move trillions of dollars each day and has quickly become...

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Hackers Launch 133K+ Cyberattacks At G20 Summit
Hackers Launch 133K+ Cyberattacks At G20 Summit
October 10, 2016  |  Security & Fraud

The G20 Summit, a global economic leadership forum attended by world leaders from 20 major economies, experienced an onslaught of malicious cyberattacks during this year’s...

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The Other Side Of Cyberhacks
The Other Side Of Cyberhacks
October 07, 2016  |  Security & Fraud

It’s safe to assume that, once a business experiences a massive data breach, there’s a lasting and understandably negative impact on its reputation with consumers....

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Justice Charges Hackers From Lizard Squad, PoodleCorp
Justice Charges Hackers From Lizard Squad, PoodleCorp
October 07, 2016  |  Security & Fraud

Two teenagers face charges from the U.S. Justice Department for allegedly being members of well-known hacking groups Lizard Squad and PoodleCorp. On Thursday (Oct. 6),...

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Ethoca Plans To Improve Cardholder Dispute Resolution
Ethoca Plans To Improve Cardholder Dispute Resolution
October 04, 2016  |  Partnerships / Acquisitions

Ethoca, a provider of collaboration-based technology solutions for credit card companies and online merchants, announced a new partnership on Monday (Oct. 3) with Lean Industries,...

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Why Professional Soccer Cares About Digital Fraud
Why Professional Soccer Cares About Digital Fraud
October 03, 2016  |  Security & Fraud

There’s no question that, in today’s digital age, borders are quickly starting to disappear. It’s easier than ever for businesses (and commerce) to digitally connect,...

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Hackers To Banks: Pay Up Or We’ll Spill
Hackers To Banks: Pay Up Or We’ll Spill
September 30, 2016  |  Security & Fraud

A group of hackers stole documents from investment bank WestPark Capital and threatened to release the data unless the bank pays a ransom. The hacker...

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