Archive for the ‘Banks’ Category

First NZ residents charged with “skimming” bank cards

Thursday, February 20th, 2014

Two Auckland brothers have been arrested for allegedly withdrawing more than $100,000 cash with counterfeit bank cards from around the world – but are said to have been stopped from taking hundreds of thousands more because transactions were declined.

The case is the first time New Zealand residents have been charged with a crime normally committed by foreign skimming gangs.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11205748

Capital + Merchant directors get more jail time

Friday, June 28th, 2013

Convicted Capital Merchant fraudsters Wayne Douglas and Neal Nicholls have had their prison sentences topped up after pleading guilty to Securities Act charges of making untrue statements in offer documents.

http://tvnz.co.nz/business-news/capital-merchant-directors-get-more-jail-time-5479313

Man in Court after 5 hour Auckland bank seige

Tuesday, June 18th, 2013

A man will appear in court this morning after allegedly terrifying staff and customers inside an Auckland bank last night.

The drama – in which nearby office workers and playcentre children were kept in lockdown – started when the gunman entered the Westpac bank on Great South Rd, Penrose, in a wheelchair about 4.30pm and threatened to harm himself.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10891271

Banks want more ID from customers

Wednesday, May 15th, 2013

Bank customers are being asked for more forms of identification as part of a global crackdown on money laundering and terrorism.

The Bankers Association said customers will find the new checks frustrating and is urging them to remember why they’re in place.

From the end of next month, the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 is implemented and all banks will be obliged to check customers’ identity and in some cases their account activity.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10883710

East European ATM skimmers active in Auckland as 2 more convicted in Wellington

Thursday, May 2nd, 2013

Police are hunting two Eastern European men believed be trying to skim credit cards in Auckland.

They are believed to have targeted an ATM in Queen St last month, but their plan was thwarted by a customer who contacted the police.

Details of the scam were revealed yesterday, on the same day that two Romanians were convicted of trying to set up a similar fraud in Wellington.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10881006

North suspected in cyber attack on South Korea

Thursday, March 21st, 2013

A cyberattack caused computer networks at major South Korean banks and top TV broadcasters to crash simultaneously, paralysing bank machines across the country and prompting speculation of North Korean involvement.

http://www.nzherald.co.nz/technology/news/article.cfm?c_id=5&objectid=10872628

Crims change tactics – robbing banks goes electronic

Thursday, February 7th, 2013

The recent surge in cybercrime comes with a silver lining: Bank robberies are plummeting, as criminals seem to wise up to the fact that heists just don’t pay like they used to.

http://professional.wsj.com/article/SB10001424127887323926104578274541161239474.html?mg=reno64-wsj

More than two-thirds of banks have suffered DDOS attack in past 12 months

Wednesday, January 23rd, 2013

More than two-thirds of banks have suffered at least one Distributed Denial of Service attack in the past 12 months, according to independent research conducted by the US-based Ponemon Institute.

http://www.ft.com/intl/cms/s/0/e8574b94-64d3-11e2-ac53-00144feab49a.html#axzz2IkDOWV4L

Massive cyberattack planned on 30 US banks

Friday, December 14th, 2012

Security firm McAfee on Thursday released a report warning that a massive cyberattack on 30 U.S. banks has been planned, with the goal of stealing millions of dollars from consumers’ bank accounts.

http://money.cnn.com/2012/12/13/technology/security/bank-cyberattack-blitzkrieg/

Banker charged with $1 million fraud

Wednesday, December 5th, 2012

An Auckland banker has been charged with stealing nearly $1 million from his clients.

Graeme Malcolm Cooper has been arrested and charged with 41 criminal offences, including the access of a computer system, use of documents for a pecuniary advantage and money laundering.

The 49-year-old was a personal manager for National Bank, where police allege Cooper shifted money belonging to clients into an account he created under a fictitious name.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10852020