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All ResultsResults from Computer Weekly - FRAUD FELL

Online frauds rise as card scammers get away with less
Security Alerts Online frauds rise as card scammers get away with less Cardholder not present (CNP) fraud fell for the first time in the UK from January to June this year according to figures from Financial Fraud Action UK. Card not present... http://www.computerweekly.com/Articles/2009/10/07/238029/online-frauds-rise-as-card-scammers-get-away-with-less.htm
Lack of information management blamed for £2bn DWP benefit errors
...Public Accounts Committee was looking at the government's progress on tackling benefit fraud and error. While benefit fraud fell from £2bn in 2001-02 to £800m in 2006-07, estimated error rose from £1bn in 2001-02 to £1.9bn in 2006... http://www.computerweekly.com/Articles/2008/07/08/231391/lack-of-information-management-blamed-for-2bn-dwp-benefit.htm
Online card fraud soars
...payments association Apacs. Overall, the cost of fraud fell 3% between 2005 and 2006 to £428m, but online banking...foreign card online banking association apacs fraud fell uk payments payments association Dilbert ... http://www.computerweekly.com/Articles/2007/03/14/222403/online-card-fraud-soars.htm
Online fraudsters turn to cards as banks toughen up
...have shot up, according to figures from Apacs. The UK payments body said that losses in the UK to online banking fraud fell by 33% to £22.6m in 2007 compared with 2006. A 44% increase was recorded in 2006 compared with 2005. Sandra... http://www.computerweekly.com/Articles/2008/03/12/229818/online-fraudsters-turn-to-cards-as-banks-toughen-up.htm
Chip and Pin cuts fraud
...payment card fraud, new figures have revealed. Figures from Apacs, the UK payments association, show that total card fraud fell by 5% between January and June, with the amount of money stolen by fraudsters totaling £209.3m, compared with... http://www.computerweekly.com/Articles/2006/11/08/219737/chip-and-pin-cuts-fraud.htm
News in brief
...had a measurable impact on payment card fraud. Figures from Apacs, the UK payments association, show that total card fraud fell by 5% between January and June, with the amount of money stolen by fraudsters totalling £209.3m, compared with... http://www.computerweekly.com/Articles/2006/11/14/219868/News-in-brief.htm
How safe is chip and Pin technology?
... Apacs is keen to emphasise that card fraud has dropped since the introduction of chip and Pin. Overall card fraud fell by 13% to £439.4m in 2005, and fraud committed using cloned or skimmed cards fell by 25% to £96.8m. However... http://www.computerweekly.com/Articles/2006/06/13/216347/How-safe-is-chip-and-Pin-technology.htm
Crimewave set to continue, says FBI
...followed by denial of service attacks, which cost the organisations surveyed a total of $65m. Losses from financial fraud fell from nearly $116m last year to $10m. Virus attacks and insider abuse of networks were the most frequently cited... http://www.computerweekly.com/Articles/2003/06/10/195140/Crimewave-set-to-continue-says-FBI.htm
Lloyds TSB saves £20m by using monitoring software to cut fraud
...had faced an exponential growth in card fraud, up from £122m in 1997 to £425m in 2002. Last year, however, card fraud fell by 5% to £402m, according to Apacs. In a two-pronged strategy to tackle fraud, Lloyds TSB uses fraud detection... http://www.computerweekly.com/Articles/2004/03/19/201231/lloyds-tsb-saves-20m-by-using-monitoring-software-to-cut.htm
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All ResultsNews and blogs from the web - FRAUD FELL

UK phishing attacks up 200% in Q1 - Apacs
...following a 200% jump in the number of phishing attacks in the first quarter of 2008. Apacs says although online banking fraud fell by a third in 2007 to 22.6 million, fraudsters are still having some success with phishing scams. According... http://www.finextra.com/fullstory.asp?id=18340
Learning to live with fraud | Banking Technology magazine
CNP fraud declines in the UK for the first time
DWP attacked over delays to benefit-fraud IT system
Click fraud rate dropped in Q1 - Network World
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Phishing attacks and online banking fraud losses soar in the UK | Pinsent Masons LLP
...last year," it said. The figures revealed, though, that the amount lost by consumers through distance shopping fraud fell for the first time. "Losses from phone, internet and mail order shopping fraud have fallen for the first time ever... http://www.out-law.com/default.aspx?page=10431
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