Armin Van Buuren is one of the world's most well-known trance music DJs. He also apparently has had his credit card details stolen.
Visa Inc. last week sent a fraud alert to banks and payment processors warning them to look out for a "large batch settlement fraud scheme" involving a merchant account in East Europe.
As his parents and sister silently wept, hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors called the "unparalleled" theft of millions of credit...
Hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors called the "unparalleled" theft of millions of credit card numbers from major U.S. retailers.
Fraud losses due to counterfeit payment cards fell by half in 2009 from the year prior in the U.K., but online banking losses continued to rise, according to new banking industry figures released Wednesday.
A Thai court has approved the extradition to the U.S. of a Malaysian man allegedly involved in hacking credit card information, causing massive losses for victims in the U.S.
An Australian Competition and Consumer Commission (ACCC) report reveals that Australians lost almost $70 million to scammers last year.
Three brothers were sentenced to prison on Tuesday in a London court for creating counterfeit credit and debit cards, defrauding victims of more than £600,000 (US$978,000), according to the Metropolitan Police.
Ericsson is courting major banks with a security service the company thinks could cut down on credit card fraud as well as eliminate an inconvenience for travelers using cards overseas.
LexisNexis acknowledged Friday that criminals used its information retrieval service for more than three years to gather data that was used to commit credit card fraud.
According to a new report on data breaches from Verizon Business, cyber criminals are no longer attacking where the credit card files are, but where they once were.
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