Six face sentencing for Internet ID theft and fraud

Friday, 21 November 2003, 2:26 PM EST

Six men will be sentenced at Wood Green Crown Court on Friday, after pleading guilty to using the Internet to defraud UK banks to the tune of £350,000.

The six men, aged between 21 and 39, obtained false identities over the Internet and used them to open bank accounts, arrange overdrafts and apply for credit cards, according to the National Hi-Tech Crime Unit (NHTCU), which was responsible for investigating the crimes and arresting the men.

According to the NHTCU, Lloyds TSB was hardest hit, losing £315,000 while the Halifax and the Co-operative Bank lost a combined total of £30,000 over a period of two years.

[ Read more ]




Spotlight

USBdriveby: Compromising computers with a $20 microcontroller

Posted on 19 December 2014.  |  Security researcher Samy Kamkar has devised a fast and easy way to compromise an unlocked computer and open a backdoor on it: a simple and cheap ($20) pre-programmed Teensy microcontroller.


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

Fri, Dec 19th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //