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One downside of bank cards is that, with the right equipment and know-how, they're pretty easy to clone. That's not just a problem for the people whose cash gets stolen, but also for the banks that are tasked with preventing fraud. It appears that credit card cloning may become a thing of the past...

2 months ago 0 Comments
December 16, 2014 at 7:25AM
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Well, that didn't take long: Earlier this week, the internet caught wind of a few less-than-legitimate sellers listing PlayStation 4s on Amazon at ridiculously low prices -- we're talking $90 or less for a $400 item -- and took advantage of Walmart's new price-matching policy. Now the retail giant...

3 months ago 0 Comments
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Want to find out whether or not something at the street market is a fake? In the future, you might only have to snap a photo with your smartphone. NEC has developed "object fingerprint" technology that compares the tiniest details of an object (such as the metal or plastic grain) with images in a ...

3 months ago 0 Comments
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American banks and stores may already be planning to tighten your payment security, but the White House wants to give those efforts a boost. President Obama has signed an Executive Order that will require the federal government to both issue more secure chip-and-PIN (aka EMV) payment cards and upg...

4 months ago 0 Comments
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"Skimming" is a blanket term used when referencing a crime where you take small amounts of money. It literally means to take cash off the top, as if money were the sweet cream floating atop a cauldron of lesser riches. Fifty years ago, skimming might have meant stealing a handful of dollars from y...

7 months ago 0 Comments
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If you live in San Francisco or New York, you likely know you can connect to free WiFi in certain locations. Your cities' governments partnered with Madrid-based provider Gowex to make that happen -- the same company that has recently admitted to doctoring its accounts for the past four years. Gow...

7 months ago 0 Comments
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Remember how the discovery of a botnet took much of the value out of the Mt. Gox Bitcoin exchange, leading it to declare bankruptcy? Yeah, investors aren't happy about that -- and they're now demanding compensation. One of them, Gregory Greene, has filed a lawsuit accusing the exchange of fraud fo...

1 year ago 0 Comments
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Earlier today, the Taipei District Prosecutor's Office concluded its investigation on the HTC saga that mainly involved ex-lead designer Thomas Chien (pictured above). The report indicts the ex-VP for leaking HTC's upcoming icon designs -- likely from the yet-to-be-released Sense 6.0 -- by way of ...

1 year ago 0 Comments
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Blizzard has emerged (mostly) victorious in the case of Bell v. Blizzard Entertainment, which was filed in response to the Battle.net security breach last sumer. Though no financial data was taken, the lawsuit claimed the data breach harmed customers and targeted authenticators, which it said were ...

1 year ago 0 Comments
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PayPal employees at the company's UK headquarters are tired of having to use traditional payment methods when buying their rocket and crayfish sarnies. It's almost an affront, in fact, so they're pushing local retailers in Richmond Upon Thames to trial an updated, entirely PayPal-based system that...

1 year ago 0 Comments
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Let's assume for a moment that you're Curt Schilling, formerly of the Red Sox and formerly of the now-defunct 38 Studios. You're facing a massive lawsuit for fraud regarding a $75 million loan from the state of Rhode Island. What do you do? It appears that Mr. Schilling's first approach is to ask...

1 year ago 0 Comments
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As a dreaded accounting scandal continues to drag Olympus' name through the mud, federal agents in the United States arrested yet another gentleman in connection with the firm's alleged fraud. Chan Ming Fon, a citizen of Taiwan, was reportedly arrested in Los Angeles today. As the story goes, he w...

2 years ago 0 Comments
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The brief and baffling run of The War Z on Steam is over... for now. Valve called the release of the title on its digital distribution platform a "mistake" and "premature" and has since removed it. "We apologize for this," the company said, "and have temporary removed the sale offering of the tit...

2 years ago 0 Comments
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The release of The War Z on Steam earlier this week is causing quite a stir today in the MMO-verse. Some purchasers are accusing the game's developers of outright fraud, noting that the store page and the official site are claiming features that simply do not exist in the released version, such a...

2 years ago 0 Comments