As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft from organized crime gangs. A recent Alameda Police Department news release highlighted $75,000 in recovered retailer property as part of a...
Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. Fraud has grown to become the biggest source of income for criminal gangs in Sweden, Bloomberg reported on Tuesday (Feb. 13), which are taking advantage of the country’s...
They say the perfect crime is hard to commit, but last week in Spokane, Washington an intrepid burglar managed to pull it off at the Yuppy Puppy pet store, according to local law enforcement officials. The burglar, according to surveillance video, managed to break into...
Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. According to a Finextra news article, citing a report by the Australian Criminal Intelligence Commission (ACIC), the government agency estimated money...
March 13, 2017
Americans are waking up slightly groggier this morning as we as a nation continue to adjust to Daylight Savings Time. The good news is that we are all somewhat less likely to be robbed for the next several months. According to the Brookings Institution, DST causes the nations robbery rate to drop by about 7 […]
July 26, 2024
The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against organized crime. In this public-private partnership, the banks are providing the NCA with account data that indicates potential criminality, and investigators from both the NCA and the banks are analyzing that data, along with the […]
February 13, 2024
Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. Fraud has grown to become the biggest source of income for...
August 25, 2017
Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. According to a Finextra news article,...
March 08, 2017
It was only a matter of time before crime mob bosses began to embrace cybertheft. According to a report from The Financial Times, authorities in Europe are struggling to keep...
