How ATM fraud nearly brought down British banking

Friday, 21 October 2005, 7:16 PM EST

This is the story of how the UK banking system could have collapsed in the early 1990s, but for the forbearance of a junior barrister who also happened to be an expert in computer law - and who discovered that at that time the computing department of one of the banks issuing ATM cards had "gone rogue", cracking PINs and taking money from customers' accounts with abandon.

By Charles Arthur at The Register.

[ Read more ]




Spotlight

Banks and IT security: The elements of success

Nathan Horn-Mitchem, VP, Information Security Officer at Provident Bank, talks about delivering and maintaining IT security for 80 branches of the bank.


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, Mar 27th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //