Cyber-fraud tops $93 billion a year in Latin America

Fraud in online commerce and theft of confidential data, known as phishing, at banks in Latin America together top 93 billion dollars in yearly losses, an IT conference heard Wednesday.

US, European officials bring charges in global malware case

Ten people, including five Russian fugitives, have been charged in connection with malicious software attacks that infected tens of thousands of computers worldwide and caused more than $100 million in financial losses, U.S. ...

Russian cyber hacker pleads guilty in identity theft case

A Russian cybercriminal identified as a leader of a $50 million identity theft and credit card fraud ring has pleaded guilty in Atlanta to helping to steal millions of debit card numbers and swiftly loot accounts in cities ...

Here's why Americans are getting new credit and debit cards

The battle against credit card fraud is inching forward. As of Thursday, the liability for fraud committed using traditional MasterCard and Visa magnetic-stripe credit and debit cards will shift from banks to stores. The ...

Hacking case puts Dutch man in US prison

A Dutch man was sentenced to 12 years in a US prison on Friday for being an online "broker" for credit card numbers stolen in a computer hacking conspiracy.

NY judge gives poker money man jail for bank fraud

(AP)—A man who processed money illegally for three Internet poker companies whose U.S. operations eventually were shut down was sentenced on Wednesday to five months in prison by a judge who said he played a "catch me if ...

US arrests head of online poker site

US authorities have arrested the head of online betting website Full Tilt Poker and charged him with a scheme to defraud banks and misleading customers about the security of their funds.

US authorities hit Megaupload with more charges

The US authorities have filed additional copyright infringement and fraud charges against Megaupload founder Kim Dotcom and other employees of the file-sharing site shut down last month.

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