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Online Fraud Burgeoning
FSA is warning on staggering growth of online fraud, incidents up 80-fold in past year, amounts stolen still fairly small, but doubling every year 14.12.06 Cybercrime, Financial Services, Identity Theft, Internet Regulation, Spam
Longevity of Computer Misuse Act
At 16, legislation is almost as old as an internet entrepreneur, low rate of convictions is not due to the weakness of the act but lack of investigations 21.11.06 Times, Cybercrime, Information Technology, Spam
Huge Rise in Online Fraud
Online bank fraud rose 55% in first half of this year, to £22.5m, says Association for Payment Clearing Services (Apacs), fake websites up 1500%, chip and pin makes 'card not present' fraud more attractive 07.11.06 Guardian, Cybercrime, Fraud, Identity Theft, Internet Regulation
Banks Fail to Close Gaps in ID Theft
Heise Security claims banks have been slow to respond to revelations their websites are open to 'spoof framing', where fraudsters insert fake pages into websites, victims responding to phishing emails are asked for account details, banks say risk is 'slight' 24.10.06 BBC, Fraud, Identity Theft
Fake Websites
Even most experienced web-users are often fooled by fraudulent internet sites 12.06.06 Telegraph, Cybercrime, Internet Regulation
Phishing
Best phishing sites are near impossible to distinguish from real thing, survey shows 5% of recipients respond to fake emails 07.04.06 BBC, E-Commerce
Novelty Phishing
Criminals are getting more focused in use of fake emails to thresh out personal and financial information, impersonating smaller institutions, using references to major news events 28.11.05 Times, Cybercrime, Fraud
Safe Online
National High Tech Crime Unit is among backers of initiative to educate consumers in internet crime and basic prevention of online fraud 27.10.05 BBC, Get Safe Online, Cybercrime Links, Fraud Links
Bank Fraud
Days after announcing new online security initiative Lloyds TSB admits thieves used fake passport to drain £250k from customer account, whose credit rating was subsequently 'damaged' 25.10.05 Techworld, Cybercrime Links, Financial Services Links, Fraud Links
Online Fraud
5% of internet users fall for online fraud, half respond to 'phishing' emails which use fake branding to lure personal and financial details 04.05.05 BBC, Cybercrime Links, Spam Links