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£20 million rise in online banking fraud

27th March 2015  | Latest News Technology

Online banking fraud losses have surged by nearly £20 million or 48 per cent over the last year, prompting a warning to consumers to download anti-virus software and beware of conmen trying to trick them into revealing their personal details. Figures from Financial Fraud Action UK (FFA UK) showed that £60.4 million was lost in 2014 due to…

EU citizens should quit Facebook if they don't want to be spied on, says EC

27th March 2015  | Latest News Technology

European citizens may have to quit Facebook if they do not want the US government to spy on them, a European Commission lawyer has warned. EC attorney Bernhard Schima has admitted that current European Safe Harbour legislation does not protect a private citizen’s data if it is transmitted to the US. “You might consider closing your Facebook…

Fitness tracker security flaw discovered

27th March 2015  | Latest News Technology

The authentication method used by several popular fitness wristbands could allow third parties to access wearers' personal data, according to new research. Kaspersky Lab researcher Roman Unuchek discovered the flaw, which allows others to connect invisibly to the devices, execute commands and in some cases extract data. The security firm said the vulnerability was made possible by…

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