Articles Tagged with ''fraud trends''

International Crime Deja Vu All Over Again

Today's Cold War Evolves: Chinese Trade Secrets Theft, Russian Online Fraud Attacks

Internet, Email Spur Sophisticated Incidents, Some Supported by Other Countries

January 19, 2012

It is a new age Cold War going on as Chinese steal U.S. trade secrets and criminals from Russia commit frauds against Americans.

Brazil Olympic Security Director Accused of Fraud

January 15, 2012

The security director for the 2016 Olympic Games allegedly committed fraud when he occupied the same position during the Pan American Games held in Rio de Janeiro four years ago.

Sophisticated Operation Stole Millions

ID Theft and Bank Fraud Ring Advertised Its Services

Started with Real Social Security Numbers

January 11, 2012

Two individuals obtained credentials and then worked with others to open accounts and gain access to loans all illegally.

American Card Transactions More Vulnerable

Banks Losing Ground on Card Security

4.46 Cents if Every $100 Lost

October 6, 2011

Credit and bank card fraud is costing more in the U.S. as banks drag their feet when implementing cards with computerized chips.

The Identification and Control of Fraudulent Behavior

Bernard Scaglione

September 6, 2011

The Association of Certified Fraud Examiner’s (ACFE) 2010 Report to the Nations on Occupational Fraud and Abusecompiled 1,843 cases of occupational fraud worldwide between January 2008 and December 2009. The survey estimated that a typical organization lost 5 percent of its annual revenue to fraud with a median loss of $160,000; nearly one-quarter of the frauds involved losses of at least $1 million.

Right on the Money

A conversation with banking and retail security professionals reveals how funding, PCI compliance, fraud and the recession make securing their banking, financial and retail facilities a challenge.

Diane Ritchey Laura Stepanek

June 1, 2011

Money moves from bank to retailer and back to bank. Just as important, personal information accompanies any electronic transaction. Security magazine editor Diane Ritchey and SDM magazine editor Laura Stepanek brought together financial, banking and retail professionals and a security integrator to discuss how their industries are similar but yet have such differing security needs from other segments.

Software Company Employee Steals $126K from NBC Universal

March 13, 2011

An employee for Orange County software company Retail Technologies Corporation is accused of stealing more than $100,000 from NBC Universal in a grand theft and credit card fraud scheme.

$4 Billion Captured in Health-Care Fraud Cases in 2010

January 26, 2011

The government recaptured a record $4 billion last year from pharmaceutical companies, hospitals, doctors, nursing homes and other providers of care that defrauded federal health-care programs, the Obama administration reported.

380 and Counting in Gas Station Fraud

January 12, 2011

Police in Sierra Madre, Calif. have identified 380 victims of credit or debit card fraud at a local gas station with losses exceeding $109,000.

Is Arson an Insurance Security Risk?

Joel Liebesfeld

January 11, 2011

While arson may be committed by business people, it should not be thought of as a white-collar crime. The reporting of a fire as accidental, when it is known to be arson is a crime. Just one very important point: “Washington law has long recognized the presumption that a fire is accidental, unless proven otherwise,” meaning that the insurance companies have a hill to climb to prove arson.

ON DEMAND: In this webinar, Regina Lester, Vice President of Security & Safety Operations at Toledo Zoo, will share her insights on implementing security technologies in the entertainment sector and the challenges all organizations face — large and small — when it comes to balancing budget and security.