Digital secretary Nicky Morgan and Home Secretary Priti Patel have announced that the Conservative Government is minded to appoint communications watchdog Ofcom as the regulator to enforce rules designed to make the Internet a safer place. The announcement comes as the Government publishes its initial response…
Criminals
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A day of action by National Economic Crime Centre (NECC) partners will target money service businesses (MSBs) at risk of being used by criminals to launder money. Officers from Her Majesty’s Revenue & Customs (HMRC) and the City of London Police will visit every MSB…
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Cifas, the UK’s leading fraud prevention service, is warning UK taxpayers not to fall victim to fraudsters as the 31 January deadline for completing self-assessment tax returns fast approaches. Common techniques that fraudsters use to target taxpayers include e-mails and text messages offering refunds with…
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Official cyber crime figures are ‘tip of the iceberg’ warns bluedog Security Monitoring
by Brian SimsNew figures which report a fall in ‘computer misuse’ and a rise in fraud merely serve to show that the authorities are failing to grasp the true impact of cyber crime. That’s according to cyber security expert Tim Thurlings of bluedog Security Monitoring who suggests…
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The Government has announced the biggest increase in funding for the police system in a decade. The amount of funding available to the policing system for 2020 to 2021 will increase by more than £1.1 billion, totalling £15.2 billion, if Police and Crime Commissioners (PCCs) take…
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CBEST is the Bank of England’s intelligence-led cyber adversary simulation framework, used for testing systemically critical financial organisations through simulated cyber attack scenarios based on real-world threats and risks. As Owen Wright explains, a CBEST exercise lasts approximately 20 weeks and has four distinct phases. During…
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Payment fraud prevention is an increasingly complicated and constantly evolving business. Issuers and merchants everywhere are being challenged by a growing variety of payment methods, which are fuelling the rise of ever-more sophisticated card fraud techniques, observes Sune Gabelgård. Despite awareness of the scale of…
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Five men have been jailed for over 45 years after a series of cash machine explosion burglaries. The sentences come after Greater Manchester Police (GMP) officers launched Operation Cass, an investigation into a spate of burglaries targeting ATMs across areas of the North West. One of…
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In terms of recent history, cheque fraud losses peaked in 2008 and, during the following decade, they reduced by more than 85%, which is far in excess of the decline in cheque volumes over the same period, writes Martin Ruda. However, the latest statistics reveal…
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Criminals are tirelessly attacking critical infrastructure around the world and compromising the Industrial Control System and the Supervisory Control and Data Acquisition systems that control these infrastructures, writes Anthony Perridge. In 2010, the Stuxnet worm infiltrated numerous control systems and damaged nuclear power plants. Five…