Monday, November 17, 2008

Fraud Flash for the week of November 17, 2008

Oct. 24, 2008
'Phishing' fraud e-mails hit Huskymail accounts
http://media.www.dailycampus.com/media/storage/paper340/news/2008/10/24/News/phishing.Fraud.EMails.Hit.Huskymail.Accounts-3505114.shtml
Over the last couple of months, an e-mail fraud attempt known as phishing has hit the university's e-mail server, putting thousands of students at risk, according to a report released earlier this week on the university's information and technology security Web site.

Nov. 17, 2008
Celent Tackles Insider Fraud
http://www.americanbanker.com/btn_article.html?id=20081029IGFNE94L
Insider fraud accounts for 60 percent of bank fraud cases where a data breach or theft of funds has occurred, yet in the last three years, just nine percent of financial services data breaches were a result of insider fraud.

ID Thieves Are Targeting Home Equity Lines
http://www.foxbusiness.com/story/personal-finance/id-thieves-targeting-home-equity-lines/
The FBI says HELOC thieves typically use stolen identification to apply online for a line of credit in your name. Then they instruct the bank to wire the funds to their accounts, providing their own contact information in place of yours.

No comments: