But online banking fraud continues to rise, according to figures from financial institutions
Fraud losses due to counterfeit payment cards fell by half in 2009 from the year prior in the U.K., but online banking losses continued to rise, according to new banking industry figures released Wednesday.
A Twitter phishing attack has hit several prominent British Twitter users
The latest phishing attack on Twitter users swept the U.K. overnight claiming several prominent users.
The system, DNSSEC, prevents hackers from redirecting people from legitimate domains to fraudulent ones
Nominet, the U.K.'s domain name registry, will begin implementing a security protocol on Monday designed to protect the DNS (Domain Name System).
iSOFT bosses prematurely recognised revenues as market valued company at £1bn
The UK Financial Services Authority has launched fraud proceedings against four former directors of iSOFT Group.
Gary McKinnon could face extradition to the U.S. soon without court intervention
The U.K. government will give a British hacker a short extension to challenge an extradition order to face trial in the U.S.
Its competitors bought the information to entice customers whose contracts were nearly expired
Workers at T-Mobile UK have been selling customer data to brokers who work for the competition, T-Mobile and the U.K.'s Information Commissioner's Office said on Tuesday.
Four people have been sentenced to jail in a sophisticated banking fraud scheme to steal thousands of pounds
U.K. police are hailing the sentencing of four people who used a sophisticated Trojan horse program to siphon money out of online bank accounts and send it to Eastern European countries and Russia.
ISPs would be required to retains data for online services they don't directly provide
The U.K. government said Monday it plans to push for a law requiring service providers such as ISPs to retain data about instant messages, e-mail and other electronic communications.
But London's smart card, the Oyster, won't be used due to the use of proprietary technology
The U.K. aims to have a plan by the end of this year that lets people use their mobile phones or smart cards to pay for travel across England's public transport system.
The trio's sentences come after the UK hit a five-year high for counterfeit card fraud last year
Three brothers were sentenced to prison on Tuesday in a London court for creating counterfeit credit and debit cards, defrauding victims of more than £600,000 (US$978,000), according to the Metropolitan Police.
Analysis contradicts assertions made by some governments of North Korean involvement
The U.K. was the likely source of a series of attacks last week that took down popular Web sites in the U.S. and South Korea, according to an analysis performed by a Vietnamese computer security analyst.
The app works with the iPod Touch as well and gives users the advantage of convenience, MoBank says
iPhone and iPod Touch owners in the U.K. will be able to use their devices to buy and pay for goods using a new application from MoBank.
