UK bank blames fraudsters for World of Warcraft ban
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Halifax leaves Blizzard out in the cold Frequent use of stolen credit cards to pay for World of Warcraft subscription has prompted UK bank Halifax to block payments to the game's publisher, Blizzard Entertainment.â¦
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Bookies sans frontiÃ¨res German and Sweden are to be hauled over the coals by EU competition regulators for stopping online gaming firms entering their markets.â¦
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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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Insurance firm Norwich Union is fined Â£1.26m after customers lost Â£3.3m through identity fraud.
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Societe Generale has uncovered a fraud by one of its traders which will have a 4.9-billion-euro ($7.16 billion) negative impact on the group, France's second-largest listed bank said on Thursday.
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Visa USA issued $880,000 in penalties against a bank that processed transactions for TJX Cos. , after an investigation of a computer hacking incident at the retailer.
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On Tuesday, the British Board of Film Classification (BBFC) announced that it had banned the sale of Manhunt 2, a video game produced by Rockstar Games.
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Bullet proof policies - if you're a director The Financial Services Authority (FSA) has fined Norwich Union Â£1.26m for failing to safeguard customers against fraud.â¦
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Console maker accused of fraud, accuses bank of misrepresentation
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UK banks charged their customers Â£3bn for unauthorised overdrafts during the past year, Which magazine says.
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It's warcraft out there Online games have become a major target for fraud in recent years. A study from Kaspersky Labs, published today, dissects the techniques and targets used by hackers to make "easy money" by selling stolen login credentials of users or in-game items on the black market.â¦
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Peers hear losses set to reach Â£45.7m for 2006 UK incidents of phishing scams have grown 8,000 per cent over the last two years, according to the government's financial watchdog authority. Although losses remain modest compared to other forms of financial fraud, banking security experts speaking before the House of Lords science and technology committee are concerned about the growing prevalence of scams designed to trick consumers into handing over online banking credentials.â¦
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Bank of America hit with bogus claims Fraudsters have begun garnishing phishing emails with claims that punters need to respond in order to enrol in the Verified by Visa programme.â¦
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The Financial Services Authority said Thursday it had fined the Bank of Ireland for breaching regulations intended to prevent money laundering.
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Losing wager A trio of Russian hackers convicted of running denial of service attacks against UK bookies have each been sentenced to eight years imprisonment and fined $3,700.â¦
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Northern Rock customers have complained of problems accessing their online accounts.
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A customer of Lloyds TSB bank has complained to Britain's Information Commissioner arguing that data should not be transferred outside Europe without the consent of individual customers.