This week’s data and analytics news include authorities smashing a Sri Lankan-based e-banking fraud ring, DWP UK’s online ID assurance service, and Wonga warning customers to beware phishing e-mails.January 30, 2013 | The Asian Banker Editor
Sri Lankan and Chinese authorities smash e-banking fraud ring
Sri Lanka’s Criminal Investigation Bureau, together with its Chinese counterpart Public Security Bureau, recently busted an online banking fraud ring and deported 94 Taiwanese who were arrested for running the online scams. The Sri Lankan-based fraud ring allegedly hacked into the bank accounts of mainland individuals, retrieved victims’ personal information and impersonated Chinese police.
PayPal to help develop DWP UK’s online ID assurance service
Department for Work and Pensions UK confirmed PayPal as the eighth and final service provider selected to help build and run a secure online identity registration service, dubbed the Identity Assurance Programme, for people accessing public services. The programme will initially be targeted at benefits claimants, as part of the government’s introduction of a ‘universal credit’ later this year.
Wonga warns customers of phishing e-mails
Payday lender Wonga has warned customers to beware of bogus e-mails claiming to be sent by “Wonga.com Support” and asking recipients to provide their login details to receive their “security messages”.
Re-disseminated by The Asian Banker
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