Mobile and Online Payments Attract Fraudsters

4 ways to dodge cybercrime when banking, shopping on mobile phones

USA Today

The nature of identity fraud is changing. With the rollout of smart chips in credit and debit cards making it more difficult to steal using cards themselves, thieves have their eyes on your data instead.

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ATM Safety

ATM skimming fraud is surging, but you can take precautions

The New York Times

Fraud using A.T.M. “skimming” devices is on the rise, new data show.

Skimming involves stealing debit card numbers by putting an illegal card reading device on an A.T.M. Criminals use the devices in tandem with hidden cameras that record personal identification numbers entered onto the keypad. They then make duplicate cards using the information and drain cash from bank accounts.

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Sting Operation Leads to 21 Arrests

New Jersey University was fake, but visa fraud arrests are real

The New York Times

On the surface, the University of Northern New Jersey seemed legitimate. It had a website, with a seal featuring the Latin words “Humanus, Scientia, Integritas,” a list of business-oriented degrees offered and a promise of “an exceptional educational experience.”

It was so exceptional it did not exist.

Instead, the university was a fake, set up by the Homeland Security Department as part of a sting operation to ensnare criminals involved in student visa fraud.

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Guard Yourself Against Fraud

Easy ways to help protect yourself against credit card fraud

Mashable

The worst part about credit card fraud and identity theft isn’t the annoyance of cleaning it up (though that’s certainly a factor), but the far-reaching effects that stick with you long after someone has rung up thousands of dollars worth of purchases in your name. Things like: ruining your credit score, incurring late charges or making it difficult to get a loan. Think it can’t happen to you? If you don’t make an effort to up your security smarts, it’s not a matter of if — it’s a matter of when.

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The Bribe Factory

The world's biggest bribe scandal

The Age

In the list of the world's great companies, Unaoil is nowhere to be seen. But for the best part of the past two decades, the family business from Monaco has systematically corrupted the global oil industry, distributing many millions of dollars worth of bribes on behalf of corporate behemoths including Samsung, Rolls-Royce, Halliburton and Australia's own Leighton Holdings.

Now a vast cache of leaked emails and documents has confirmed what many suspected about the oil industry, and has laid bare the activities of the world's super-bagman as it has bought off officials and rigged contracts around the world.

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Financial Aid Dollars Going to Fraudsters Instead of Students

Fighting against the $187 million financial aid fraud problem

EdSurge

From having credit card information stolen to catfishing on online dating sites, online fraud is definitely not a new concept. The anonymity of being behind a computer screen has created new opportunities for new scams, and no industry is immune—including education.

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