Another sign that phishing is taking its toll on the quality of service banks can offer online customers: The Times reports that UK banks are introducing delays in intra-bank payments to try to combat fraudulent transfers caused by phishing attacks: This week Barclays introduced a one-day delay for transfers. A spokeswoman said: “This delay enables us… Read More »
It seems that there’s a purpose behind the viruses we’ve all been getting: old-fashioned extortion. Reuters reports that extortionists — many thought to come from eastern Europe — have been targetting casinos and retailers, but one recent high-profile victim was the Port of Houston. The attacks, which can cripple a corporate network with a barrage… Read More »
Internet payment system Worldpay is under hack attack from unknown assailants, hitting thousands of online retailers around the world, the BBC reports. The company’s payment and administration networks have been flooded with computer-generated requests, clogging the system and slowing transactions – also known as a “denial-of-service” attack. Worldpay is owned by the Royal Bank of… Read More »