• Rapid-growing mobile payments market is driving a financial fraud marketplace

  By Jack Loo | 22 May, 2013 21:35

  The global mobile payments market is predicted to exceed $US1.3 trillion in the coming years, presenting opportunities for cyber crime gangs to exploit, according to a whitepaper published by the Anti-Phishing Working Group (APWG).

• New Citadel malware variant targets Payza online payment platform

  By Lucian Constantin | 22 May, 2013 12:12

  A new variant of the Citadel financial malware is targeting users of the Payza online payment platform by launching local in-browser attacks to steal their credentials, according to researchers from security firm Trusteer.

• Researchers uncover large cyberfraud operation targeting Australian bank customers

  By Lucian Constantin | 15 May, 2013 15:48

  Security researchers from Russian cybercrime investigations firm Group-IB have uncovered a cyberfraud operation that uses specialized financial malware to target the customers of several major Australian banks.

• Southern Africa experiencing increased mobile, Internet banking fraud

  By Michael Malakata | 18 April, 2013 19:26

  Mobile and Internet banking fraud is on the rise in Southern Africa and is threatening to derail the progress that has so far been made to revolutionize banking services in the region.

• Researchers find malware targeting online stock trading software

  By Lucian Constantin | 18 April, 2013 15:54

  Security researchers from Russian cybercrime investigations company Groub-IB have recently identified a new piece of malware designed to steal login credentials from specialized software used to trade stocks and other securities online.

• It Wasn’t Me, It Was Bennett Arron

  By Bennett Arron | 11 July, 2011 18:31

  So, Identity Theft. What is it really? Well, I’m glad you asked. It’s basically when your personal details are used fraudulently to open accounts or obtain documentation in your name. This could result in debts being accumulated, for which you would initially be accountable – until you prove yourself innocent.

• E-commerce Fraud: The Latest Criminal Schemes

  By Joan Goodchild | 17 July, 2009 00:28

  E-commerce fraud costs retailers approximately $4 billion each year, according to the most recent results of an annual survey conducted by Cybersource, a provider of electronic payment and risk management services. Sebbe Jones, manager of fraud and disputes at 2Checkout, is in the business of keeping e-commerce fraud at bay.

• How to stop fraud

  By Stacy Collett | 07 July, 2009 04:10

  Bernard Madoff, Allen Stanford and California money manager Danny Pang may be the latest examples of outrageous fraud. But what about the little guys? The administrator, middle manager or call-center rep?

• Cybercriminals refine data-sniffing software for ATM fraud

  By Jeremy Kirk | 04 June, 2009 20:25

  Cybercriminals are improving a malicious software program that can be installed on ATMs running Microsoft's Windows XP operating system that records sensitive card details, according to security vendor Trustwave.

Whitepapers about fraud

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  Russian Underground 101

  This research paper intends to provide a brief summary of the cybercriminal underground and shed light on the basic types of hacker activity in Russia. It discusses fundamental concepts that Russian hackers follow and the information they share with their peers. It also examines prices charged for various types of services, along with how prevalent the given services are in advertisements. The primary features of each type of activity and examples of associated service offerings are discussed as well. Read this paper.