Lloyds TSB turns fraud-detection software on staff

Lloyds TSB has purchased pattern-recognition software from US vendor Actimize for detecting employee fraud within its retail banking operation. Use of such software is already common in financial services for spotting fraud in external transactions, su…

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One gang corners the market in phish

One gang is responsible for more than half of all attempted phishing for the likes of online banking log-in details, and has found ways to extend the lives of its web-sites, according to researchers at Cambridge University.

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