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Lloyds' former security head jailed for nine years for £2.4 million swindle

September 21, 2012 - Lloyds' former head of fraud and security for digital banking has received a nine-year jail sentence after pleading guilty to stealing £2.4 million from the UK banking group.

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Cyber crooks targeting bank employees - FBI

September 19, 2012 - A spate of attacks on US financial institutions has seen criminals obtaining bank employee login details through phishing and keylogging and using the information to wire themselves hundreds of thousands of dollars, the FBI is warning.

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GAO: Better Implementation of Controls for Mobile Devices Should Be Encouraged

September 18, 2012 - Threats to the security of mobile devices and the information they store and process have been increasing significantly. For example, the number of variants of malicious software, known as "malware," aimed at mobile devices has reportedly risen from about 14,000 to 40,000 or about 185 percent in less than a year.

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Who Polices The Fraud And Security Managers?

September 13, 2012 - Following the recent high profile cases of senior fraud and online security managers being caught up with fraudulent activity, UKFraud’s Special Interest Group (SIG) for Corporate Fraud Prevention has drawn up a new set of benchmarks which will help organisations identify the signs that something is awry. The SIG also outlines the most effective strategies for countering these risks.

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E-crime costs UK retailers £205m a year - BRC

August 22, 2012 - With e-commerce booming, the government and police must take the associated multi-million pound criminal threat more seriously, says the British Retail Consortium (BRC).

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GAO: EPA Needs to Resolve Information Security Weaknesses

August 20, 2012 - The GAO has found that although the Environmental Protection Agency (EPA) has taken steps to safeguard the information and systems that support its mission, security control weaknesses pervaded its systems and networks, thereby jeopardizing the agency's ability to sufficiently protect the confidentiality, integrity, and availability of its information and systems.

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