12th December 2016
FCA is checking if other banks also used sequential numbers Read More
9th December 2016
Tougher rules are needed to protect investors in crowdfunding platforms, the Financial Conduct Authority (FCA) has said. It said it was too difficult to assess the risks and returns of investments, and suggested applying “mortgage-lending standards” to loan-based platforms. Read More
6th December 2016
A bank break-in has left 25,000 customers at risk of fraud after thieves stole computers containing people’s financial details. Read More
2nd December 2016
Federal investigators in the United States, United Kingdom and Europe today say they’ve dismantled a sprawling cybercrime machine known as “Avalanche”. Read More
2nd December 2016
Academics say working out card number, expiry date and security code of Visa card takes ‘as little as six seconds’. Read More
1st December 2016
ISIS, among others, are using complex schemes to clean up funds - and it's up to us to find solutions to the problem. Read More
29th November 2016
Hackers have days ago breached a Liechtenstein bank and are allegedly blackmailing customers by threatening to release their account data if ransoms are not paid. Read More
23rd November 2016
The Philippines' anti-money laundering watchdog has filed criminal charges against five officials of the RCBC (Rizal Commercial Banking Corp) bank as well as the former treasurer Raul Tan, for "wilfully" ignoring suspicious activity Read More
23rd November 2016
Supported by Europol’s European Cybercrime Centre (EC3) and the Joint Cybercrime Action Taskforce (J-CAT), as well as Eurojust and the European Banking Federation (EBF) the second coordinated European Money Mule Action (EMMA) culminated in the arrest of 178 individuals. Read More
22nd November 2016
Pervasive electronic banking fraud is affecting Nigeria’s banking system and costing the Nigerian economy dearly. Read More