Online banking fraud 'up 8,000%'

Thursday, 14 December 2006, 10:45 AM EST

The UK has seen an 8,000% increase in fake internet banking scams in the past two years, the government's financial watchdog has warned.

The Financial Services Authority (FSA) told peers it was "very concerned" about the growth in "phishing". Phishing involves using fake websites to lure people into revealing their bank account numbers.

At the BBC.

[ Read more ]




Spotlight

Implementing an effective risk management framework

How do we balance the benefit of the free flow of information with the risk of inappropriate access and/or disclosure? What are the consequences of not doing so?


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Thu, Mar 26th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //