It’s easy to perpetrate, difficult to track, with not enough police resources, and a very low probability of conviction. Yet it costs individuals more money than any other crime. It’s the perfect crime, that’s fraud. If it looks too good…
Ingenious, an example of how tech evolveseeps with fraud. Digital dependance and fraud go hand in glove. @Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan Veritas GRC #cybersecurity #cyberriskmanagement #fraud BBC News – Bishop Auckland parking scam card readers discovered –…
Our dependence on digital has created many opportunities. But it also comes with many risks, risks that society continues to fail to manage. Financial crime is just on risk we find difficult to control. ‘Online fraud and digital crime in…
Thank you for posting John Rouffas. LabHost amassed 480,000 debit or credit card numbers, 64,000 pin numbers and made £1m from membership fees alone from 2,000 people, which were up to £300 a month for membership, to be paid in…
How the digital and physical world collide. As criminals traffic people around the globe to fuel cyber crime. Victims are trafficked to commit on-line fraud on an industrial scale, while enduring abject physical abuse. With hundreds of thousands of people…
There goes my online payment authorization. #cybersecurity #cyberriskmanagement #fraud #fraudprevention View Original Post
The SEC appears to have taken a dim view of VMware breaking financial reporting rules and moving revenues between quarters. By what appears to be controlling the timing of its revenue recognition by placing discretionary holds on selected sales orders.…
Glencore is to plead guilty to bribery and market manipulation charges bought about through a joint U.S. UK investigation by the UK Serious Fraud Office and U.S. Justice Department. Glencore will pay $1.5bn in overall penalties. $1.1Bn to US authorities,…
A little left field for cybersecurity. The enclosed demonstrates that the SEC pursues companies that violate the Securities and Exchange Act 1934, make fraudulent claims that have an impact on a companies ‘books and records’. In this case Fiat Chrysler…
