Fraud and Scam News

Photo by: alt1040

Customers of Abbey Bank, UK, were quizzed about the nature of online security system they would like the bank to provide to make online transactions safe. An overwhelming two-third of the participants voted against the bank having a two factor authentication system in place for them.
A two factor authentication system requires a user […]

The Certifying Authority/Browser Forum was upbeat in a press release outlining the utility of its EVSSL (Extended Validation Secure Sockets Layer) guidelines to promote online security. The new guidelines released by the forum last June promised to drive out scams like phishing into extinction. Under the new process, websites who get certified by authorized agents […]

An interesting gadget was unveiled by Siemens IT Solutions together with AXSionics, a Swiss Company to secure online transactions against scams. The card can be useful to prevent scams like phishing and identity theft. Such scams employ stolen data like bank account numbers and credit card numbers to fraudulently buy or transfer funds online. The […]