The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
How can Australian merchants turn the tide on CNP fraud? – 2 October 2018
A staggering $476 million has been lost to fraud by Australian merchants over the last 12 months, thanks to the deployment of “card not present” (CNP) fraud on eCommerce channels. This includes methods like identity theft, account takeover data breaches and bust-out scams. CNP fraud can have a huge impact on a business, putting their profit margins and long-term reputation on the line.
https://securitybrief.com.au/story/how-can-australian-merchants-turn-the-tide-on-cnp-fraud
Australia’s surveillance laws could damage internet security globally, overseas critics say – 2 October 2018
Australia’s new technology surveillance laws are drawing increasing scrutiny from international privacy groups and technology companies such as Apple and Microsoft. Crimes, smartphone applications and data can cross borders thanks to the internet, and the proposed legislation is part of a push to allow authorities greater access to suspects’ secure messages. The bill proposes three new powers.
‘Nicholas wants it’: Macquarie Bank CEO’s role in tax deal revealed – 28 September 2018
Macquarie Group chief executive Nicholas Moore and Shemara Wikramanayake, were involved in approving deals that are now at the centre of an investigation by a German prosecutor. The alleged tax fraud scandal has affected dozens of major banks internationally.
Perth car dealer loses $65,000 in bank account scam – 27 September 2018
Perth car dealership lost $65,000 after scammers tricked them into sending a payment to the wrong bank account during a purchase. An example of how scammers intercept payments and how to avoid being a victim of hacking.
