Tag Archive for: fraud

Debit card data breach: 73 SBI cardholders reported fraud withdrawals – Firstpost


Firstpost

Debit card data breach: 73 SBI cardholders reported fraud withdrawals
Firstpost
About 32.14 cards of public and private sector banks was breached. Following the data breach, 19 banks had recalled the compromised cards. Replying to several related questions, Gangwar said that RBI has informed the matter was under investigation.

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“data breach” – Google News

Get Transcript IRS fraud lands married couple in prison

Get Transcript IRS fraud lands married couple in prison

A married couple have been jailed for abusing the Internal Revenue Service’s “Get Transcript” feature to commit fraud.

David Bisson reports.

Graham Cluley

Why CIOs should care about click fraud

The ancient Chinese military strategy guide The Art of War says that if you want to have a chance of prevailing in battle, you need to know your enemy. It’s good advice for the battlefield, and it’s also good advice if you want to beat hackers in their constant attempts to take over your network.

But in order to know these hackers you need to understand their motivations, and in many cases those motivations may not be what you expect. That’s according to Dan Kaminski, the security expert who discovered a fundamental flaw in the Internet’s Domain Name System (DNS) protocol in 2008 and who discovered flaws in the widely used SSL protocol a year later. Kaminski is a frequent speaker at Black Hat Briefings, and now works as Chief Scientist at White Ops, a security firm specializing in detecting bot and malware fraud.

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Network World Security

Startup CEO agrees to $560K settlement to make long list of fraud allegations go away

Bob Ambrogi, who writes a terrific blog about technology and the law, today has posted remarkable details of a lawsuit settlement involving the head of a legal startup and a couple who allege he scammed them out of hundreds of thousands of dollars through, among other means, falsely claiming to be a lawyer, forging legal documents, fabricating court cases and even conjuring up a non-existent judge.

The executive, Derek Bluford – CEO of California Legal Pros and QuickLegal – says in the settlement document that he “does not admit that any of the allegations set forth in the complaint are true or valid.” Ambrogi made that point twice so I will, too. Bluford did agree to pay the plaintiffs, Changming Liu and Aimei Wei, $ 559,330. The couple had enlisted the services of Bluford and California Legal Pros in 2014 to help them evict a tenant.    

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Network World Paul McNamara