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Nine Members of Cybercrime Ring Sentenced to a Total of 24 Years for Attacks on Banks

25

Apr

2014

Nine individuals involved with a cybercriminal group responsible for stealing 1.25 million ($2.1 million / 1.51 million) from bank accounts have been sentenced to a total of 24 years and 9 months by the United Kingdoms Southwark Crown Court. The fraudsters used KMW (Keyboard, Video, Mouse) switches to transfer money from bank accounts at Barclays […]

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Three Lloyds Clerks Used Hacking Device to Steal Money from Customer Accounts

24

Apr

2014

Tai Hulbert-Thomas, 27, Neil Bautista, 22, and Mawli Thurairajah, 30, are accused of attempting to steal more than 2 million ($3.4 million / 2.47 million) from the bank accounts of Lloyds TSB customers. The suspects were all bank clerks. According to Oxford Mail, the three are said to have installed a device on the computer […]

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China’s central bank mulls Alibaba, Tencent payment curbs: state media

18

Mar

2014

Chinas central bank is considering regulations that would significantly limit the use of third-party payment systems, including the payment arms of Alibaba Holding Group and Tencent Holdings Ltd. The Peoples Bank of China released draft rules last week to major banks for consultation, state media reported on Monday. They would also heavily limit spending by […]

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Nine Members of Cybercrime Ring Sentenced to a Total of 24 Years for Attacks on Banks

Three Lloyds Clerks Used Hacking Device to Steal Money from Customer Accounts

China’s central bank mulls Alibaba, Tencent payment curbs: state media

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