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Chip and pin ‘added to online fraud’

Chip and pin ‘added to online fraud’
London Stock Exchange, UK – Jul 27, 2007
opportunity for this type of fraud is « increasing ». Apacs figures released this March showed a rise of £10.3 million in the value of online banking fraud.

Nigeria: ‘Adequate Infrastructure Vital for Epayment Solutions’s, Washington – Aug 1, 2007
On the issue of security, Emeka Nwonyi, Head, Banking fraud at the EFCC, urged the banks to collaborate with it in tracking down criminals in the sector.

Facebook: Signing Your Life Away or Being Immortalised?
Allmediascotland, UK – Aug 13, 2007
Identity theft costs us over £1.7 billion a year and the payment association APACS say that, last year, online banking fraud alone hit £33.5 million.

Chip and Pin success ‘forcing fraudsters to pursue other avenues’
Thrifty Scot, UK – Jul 27, 2007
£439.4 million in 2005 to £428.0 million in 2006, there was an increase in online banking fraud from £23.2 million to £33.5 million in the same period.

Kenya: Citizens Arrested Over Sh140 Million Theft in Juba, Washington – Aug 8, 2007
Contacted for comment, the officer in charge of the Banking Fraud Unit (BFU), Mr Francis Okonya, said the matter had not been reported to them yet.

Help Wanted: ID Theft Victims
Dark Reading, NY – Jul 24, 2007
Recruiting fraud also has more potential to spread than, say, banking fraud. « Just about every company posts jobs online, either through its own site or

The hidden dangers of Facebook
This is Money, UK – Jul 19, 2007
Online banking fraud rose by 44% last year to £33.5m, according to the payment association APACS. Internet shopping fraud hit £155m.

Demystifying Ribadu’s EFCC
Nigerian Tribune, Nigeria – Jul 24, 2007
investigate illegal bunkering, terrorism, capital market, cyber crimes and banking fraud. Economic governance was probably later added to the schedule

Why Can’t The Democrats Mention the Things that Matter?
OpEdNews, PA – Aug 4, 2007
Then we have Big oil anti-trust violations, Immigration reform, health care for the middle class and the poor, Banking fraud with credit card scams,

ACAL ATM Parts certified as reseller for patented Passfaces
SourceWire (press release), UK – Jul 20, 2007
explained “At a time when the UK Payments Association, APACS, have announced an annual increase of 44% in on-line banking fraud, our partnership with