Latest APACS Stories

2009-06-16 05:00:00

Thinking Money explains ABTA's Credit Card advice for Business Travellers and announces that in a recession, protecting your business from credit card fraud is more important than ever. MANCHESTER, England, June 16 /PRNewswire/ -- ThinkingMoney.org announces that in a recession, protecting your business from credit card fraud is more important than ever. ABTA release advice to business travellers using credit cards abroad APACS counts 17 million business card transactions made in 2007...

2008-12-30 12:55:00

Experts say the economic downturn is likely to affect hi-tech criminals over the next year. However, hi-tech criminals are likely to see opportunities to prosper rather than suffer in the downturn. "Crime tends to rise when you have more unemployment," said Mikko Hypponen, chief research officer at F-Secure. "If you look, in general, where the attacks are coming from you can find social reasons behind them," he said. He believes it is not a technical problem, but a social problem. Hypponen...

2008-10-10 14:45:00

Government and security experts say hi-tech fraudsters are taking advantage of the global financial turmoil. Phishing gangs are using the turmoil to extract valuable information from consumers, according to a warning issued by the US Federal Trade Commission (FTC). A UK parliamentary group said it expected a move away from ID theft towards attacks on account holders. UK banking group revealed that phishing attacks were up more than 180% in a year. The current rapid changes in the banking...

2008-06-11 17:21:23

Credit card information for up to 38,000 customers of clothing maker Cotton Traders were stolen from its website, according to a BBC News report.Although the company did not disclose the exact number of affected customers, it acknowledged its Web site was attacked by hackers earlier this year. Most of the affected cards were stopped in January.The attack was particularly serious, according to payment industry trade group APACS, because the hackers obtained information for "card not present"...

Word of the Day
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.