Tracy Vedder reports: TACOMA, Wash. — When we handed Lyle Lippel a set of documents that could have been used to steal his identity and cause financial ruin he said it was crazy and scary that the papers were so easy to find. Lippel’s private information was in a pile of paperwork dumped in plain…
Author: Dissent
Costa Rica: Computer Fraud Bill Passed
InsideCostaRica reports: Legislators approved the bill that establishes penalties for computer fraud. Among the sanctions are a violation of personal data and sets the penalty of 3 to 6 years in prison. In addition, it provides a penalty of 4 to 8 years in prison for extortion. Computer fraud case of espionage, computer sabotage and…
ZA: Credit card fraud costs CT officials millions, but cases are down
Nathan Adams reports some statistics from Western Cape in South Africa that may be of interest to those who want to compare trends internationally: Western Cape police on Tuesday said credit card fraud cost provincial officials nearly R16 million this year. This type of fraud has decreased both in the Western Cape and nationally. […]…
Visa Europe sets trend with mobile location-based fraud detection
Avivah Litan of Gartner writes: Visa Europe announced last week that it is contracting with ValidSoft to provide mobile location services that help banks detect fraud. We believe these services have great value when it comes to protecting payment accounts and preventing fraud, and that many more banks and card companies will adopt them once…
AU: Data breach laws won’t help: Verizon
Darren Pauli reports: A top information forensic specialist has said that mandatory data breach legislation will not reduce the number of data breaches, despite industry calls for such laws to be introduced. Industry figures have been asking for such legislation since the government looked into the issue as part of a national overhaul of privacy…
US Senate Votes to Exempt Some Professions from from ‘Red Flags Rule’
Rachel M. Zahorsky reports: The American Bar Association came one step closer today to halting an attempt by the Federal Trade Commission to regulate the practice of law when the U.S. Senate unanimously voted that the commission’s “red flags rule” doesn’t apply to lawyers. The legislation at issue, which seeks to curb identity theft among…