Feeds

Man arrested for £1m online tax fraud

London cybercrime network under investigation

Combat fraud and increase customer satisfaction

Police investigating a complex online fraud which scammed more than a million pounds from taxpayers have arrested a man in London.

The 32-year-old's home in Poplar, east London was raided in the early hours of Thursday. He was taken to Bethnal Green police station on suspicion of fraud and money laundering.

The arrest follows HMRC's discovery in June of "an e-crime attack" on its self-assessment system. The attack was part of a tax repayment claim fraud.

The Met's recently-formed Police Central e-Crime Unit (PceU) said with HMRC it is now looking into "a criminal network" thought to be behind the attack.

A PCeU detective close to the investigation today declined to provide further details of how the fraud operated, citing ongoing inquiries.

Separately, DCI Terry Wilson said: "This is a complex operation by the Met and HMRC and shows how such e-crime attacks and frauds are being identified and taken very seriously by both organisations." ®

SANS - Survey on application security programs

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.