Corruption Currents: Deutsche Bank’s $10 Billion Scandal

Source: National Cyber Security – Produced By Gregory Evans A daily roundup of corruption news from across the Web. We also provide a daily roundup of important risk & compliance stories via our daily newsletter, The Morning Risk Report, which readers can sign up for here. Follow us on The…

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Hackers steal 1.4 billion Yen from Japanese ATMs in 2 hours

$12.7 million stolen from 1,400 convenience store ATMs across Japan in just two hours Japanese police are working on a rather intriguing case in which hackers managed to steal 1.4 billion Yen ($12.7 million) from 1400 different ATMs situated at different convenience stores around the country. Even more horrific is…

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Nigeria Loses Over N127 Billion Annually Through Cybercrime

Abuja — The Federal Government has said that the estimated annual cost of cybercrime to Nigeria is 0.08 per cent of the country’s Gross Domestic Products (GDP), which represents about N127 billion. The National Security Adviser (NSA), Maj-Gen. Babagana Munguno (rtd), stated this on Monday during the inauguration of the…

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Retail fraud expected to cost retailers $3.8 billion Read More: Retail fraud expected to cost retailers $3.8 billion | http://nj1015.com/retail-fraud-expected-to-cost-retailers-3-8-billion/?trackback=tsmclip

The retail industry expects to lose $10.9 billion to return fraud this year, $3.8 billion of which will be lost during the holiday season alone, according to the National Retail Federation’s (NRF) 2014 Return Fraud Survey. In 2013, retailers lost […] For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net…

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