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Stories about: banking fraud


Over $500,000 Stolen from Construction Firm's Bank Account

New cases of fraudulent banking transfers that affect companies and organizations across the U.S. continue to be uncovered. A new incident involves a Maine-based company called Patco Construction, whose account was emptied of over $500,000 by Eastern European cybercrooks. The Washington Post reports that Patco'...

24 September 2009
05:45 GMT

The Clampi Banking Trojan Targets U.S. Schools

U.S. public and private schools alike should be in alert as the cybercriminal gang behind the Clampi Trojan has been targeting such institutions recently and walked away with impressive amounts of money. Security researchers say it is one of the most sophisticated and successful online banking fraud operations.The co...

15 September 2009
05:46 GMT

The President of France Falls Victim to Online Banking Fraud

The French President, Nicolas Sarkozy, has been the target of fraudsters, reported a local paper on Sunday. According to Le Journal du Dimanche, Mr. Sarkozy's bank account has been hacked and small sums of money have been withdrawn without his authorization. French Secretary of State for Consumer Affairs, Luc Ch...

21 October 2008
07:00 GMT

Just Say "Wow"! Payment Credit Card and Authentication in One Device?

Meet the A generation credit card. It looks futuristic enough to make me think of "Sliders". But, besides that, the device incorporates a 12-button keyboard, has a built-in tiny microprocessor and reveals an embedded ATM-like alphanumeric display. In addition, it promises to provide unprecedented security in phone an...

25 October 2007
03:02 GMT


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