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The Bank of India website is operational today – approximately four days after security teams disabled it after hackers embedded malware on the home page. A Russian bank chief, who coordinated an international identity theft operation, has been jailed for six years. When companies suffer security breaches, it is how they handle them - and the customer - that counts. Websense has detected a new round of 'Better Business Bureau' spam emails. The majority of consumers are concerned about the security and use of Pins, passwords and 'secret' data used by bank call centres to verify identity. Australian based authentication solutions vendor, Emue Technologies has launched a 12-button keypad to enable secure remote banking and enhanced point-of-sale security at the card manufacturing trade show Cartes & Identification in Paris.
A phishing scheme attempted this week to capture both victims' personal information and their phone calls, according to researchers at SecureWorks. VeriSign today announced strong growth for its VIP identity protection service, including the imminent launch of DocLocker, an online document storage system. Logica is banking on anti-terrorist regulatory compliance with this week’s launch of its automated transaction scanning software. A unique breach of bank information has hit one of the world's largest banks. Through a partnership with identity verification developer FCS Online, ING Direct will become the first Australian bank to offer customers the option of a purely online account application process. Thirty-eight people, including a host of U.S. residents and foreign nationals, have been charged in connection to two international phishing operations that preyed on unsuspecting bank customers, investigators announced Monday. Targeted attacks against financial institutions continued to soar last month, according to the latest report by RSA. Yahoo and Microsoft are teaming up in an effort to stop lottery email scams. Two security firms have revealed that spam attacks have increased in the last quarter. The crisis on Wall Street is contributing to the largest rise in email-borne malware since February 2007. The FBI has indicated a California man for an ingenious scam that bilked US$50,000 -- a few pennies at a time -- from online brokerage companies E*trade and Schwab.com. Security concerns are prohibiting Australians from using mobile devices to pay bills, shop or bank online, the latest Unisys Security Index has found.



The French trader behind the huge losses at Société Générale used his knowledge of computers to set up dummy accounts and impersonate other users, his former employer alleges.
Hundreds of UK workers at Cornwall's Eden Project are at risk of exposure to identity fraud following the theft of a company laptop containing their personal details.