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. […]…
Category: Non-U.S.
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…
Liechtenstein Bank Data May Be Used in Probe, German Court Says
Karin Matussek reports: Stolen Liechtenstein bank account data may be used to by prosecutors justify a search warrant in a criminal probe, Germany’s top constitutional court ruled. Data which may have been stolen from a Liechtenstein bank and later sold to German authorities can be used by a judge when authorizing prosecutors to raid homes…
Jp: ‘Leaked MPD data’ out as book
As a follow-up to the breach reported here: A Tokyo publishing house has released a book containing what are believed to be Metropolitan Police Department antiterrorism documents that were leaked onto the Internet last month. Released by Dai-San Shokan Thursday, the book contains the personal information of Muslim residents in this country, such as their…
Reduced jail terms over credit card fraud
Two Latvian men who were jailed for 3 years each over credit card fraud had their sentence reduced to 13 months after a Court of Appeal ruled that their young age and early guilty plea were not sufficiently taken into account. The 2 20-year-olds, Edgar Kervis and Eriks Zakis, were part of a group of…