Signalling cable thefts cost Â£3m
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The theft of copper signalling cable from railways has risen significantly, British Transport Police reveals.
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LONDON: Fraud costs Britain a minimum of 13.9 billion a year, and the figure could be as high as 20 billion, according to a report yesterday.Comment
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Soaring global demand for copper is a growing threat to the British railway network leading to a surge in trackside metal theft, police have warned. Copper theft caused more than 240,000 minutes of delays for train passengers last year after a near-fivefold rise in robberies at tracks and depots.
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Corus is orded to pay over Â£3m in fines and costs for the 2001 explosion which killed three workers at its Port Talbot plant.
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A British man has been arrested in connection with the theft of source code from Cisco Systems. The 20-year-old was arrested on 3 September following police raids on homes in Manchester and Derbyshire.
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Oops, were you guys using that? Vietnam telecom officials estimate it will take at least a month and cost over $5.84m to fix damaged undersea fiber-optic cables stolen by fishermen for salvage.â¦
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RMC, the troubled UK building materials group, was swallowed up for Â£2.3bn yesterday by the world&#39;s third-biggest cement producer, Cemex of Mexico.
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THIEVES and vandals have struck in three parts of the Waterside area of Londonderry.   At Campsie Industrial Estate two Dell laptop computers have been stolen from commercial premises. The computers, valued at around pounds 550 each, were taken between 5.30pm on Monday and 7.30am yesterday.
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MCI Inc., the long-distance provider, said yesterday that it planned to take a $3.5 billion charge in the third quarter to better reflect the loss in value of its phone and data networks.
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TEXT message language will be used in a new Government campaign to tackle mobile phone theft.   The Home Office is asking "r u getting the msg?" in a pounds 500,000 campaign to tell youngsters that stolen handsets will be blocked from all networks within 48 hours of being reported lost.
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HMRC figures it out Missing trader or carousel fraud cost Her Majesty's Revenue and Customs Â£3bn in the last financial year.â¦
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p2pnet.net News:- British police have arrested a man in connection with source code stolen from Cisco Systems. The Metro police computer crime unit, &quot;searched residences in Manchester and Derbyshire, England, on Sept.
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(InfoWorld) - The U.K.'s financial services regulator has levied a heavy fine against the nation's largest building society over a stolen laptop containing confidential customer information. The Financial Services Authority (FSA) fined Nationwide Building Society Â£980,000 ($1.9 million) for "failing to have effective systems and controls to manage its information security risks," the regulator said in a statement. Nationwide, which has about 11 million customers, did not realize the laptop contained customer information and waited three weeks before starting an investigation, the FSA said. The laptop was stolen from an employee's home during a burglary in August 2006, Nationwide said in a statement. The building society believes the thief was after the laptop itself rather than the information on its hard drive. The data was for marketing purposes and did not contain any PIN numbers, passwords, or account balance information, Nationwide said. Nationwide informed its customers of the problem and no losses were reported, it said. It also commissioned a review of its information security, the FSA said. (A building society is a type of cooperative financial institution, similar to a credit union in the U.S.)
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Airports operator BAA will announce on Tuesday that last month's security alert cost the business at least Â£20m.
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Insurance firm Norwich Union is fined Â£1.26m after customers lost Â£3.3m through identity fraud.
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â¬200m in dodgy dealing German police investigating Siemens' telecoms unit have made two further arrests and reckon suspicious transactions could total as much as â¬200m.â¦
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Â· Ofcom urges rethink of broadcaster's remit  Â· Cash help needed to plug Â£100m digital black hole