{"id":21396,"date":"2016-07-30T13:00:26","date_gmt":"2016-07-30T06:00:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-need-to-tackle-web-fraud\/"},"modified":"2016-07-30T13:08:57","modified_gmt":"2016-07-30T06:08:57","slug":"banks-need-to-tackle-web-fraud","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-need-to-tackle-web-fraud\/","title":{"rendered":"Banks need to tackle web fraud"},"content":{"rendered":"<p>&#013;<br \/>\nLosses from online crime are borne by customers but there are simple changes that could help protect themA child\u2019s bike is stolen, and the police visit the distressed family twice in the space of a few days. Up the road, \u00a337,000 is stolen, but the police don\u2019t bother to visit, and no investigation takes place. Why? Because one is a physical theft, the other happened online.Britain is suffering an epidemic of financial crime, yet the institutional response is feeble, with banks the most to blame. The Office for National Statistics revealed this month that there have more than 5.8m incidents of cybercrime in the past year, far more than previously thought and enough to nearly double the headline crime rate in England and Wales. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/jul\/30\/online-fraud-crime-theft-bank-account\" target=\"_blank\">Banks need to tackle web fraud<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Losses from online crime are borne by customers but there are simple changes that could&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21396","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5z6","jetpack-related-posts":[{"id":7342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-are-trying-to-pin-the-blame-for-card-fraud-on-you\/","url_meta":{"origin":21396,"position":0},"title":"Banks are trying to pin the blame for card fraud on \u2026 you","date":"May 5, 2012","format":false,"excerpt":"\r Customers are increasingly being refused a refund after their bank card was stolen or accounts hackedIf a current account is hacked and fraudsters start making purchases and cash withdrawals using the card and pin \u2013 intercepted by the crooks \u2013 most customers would expect the bank to repay the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-tesco-fraud-are-other-banks-vulnerable-to-cyber-attacks\/","url_meta":{"origin":21396,"position":1},"title":"After Tesco fraud, are other banks vulnerable to cyber-attacks?","date":"November 12, 2016","format":false,"excerpt":"\r Experts have called for card readers and tighter security after \u00a32.5m was stolen from the accounts of Tesco Bank customersConsumers worried about falling victim to online banking fraud should consider banks that give customers card readers and avoid those which rely on text messages, according to leading security expert\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-is-it-so-hard-for-banks-to-stop-the-fraudsters\/","url_meta":{"origin":21396,"position":2},"title":"Why is it so hard for banks to stop the fraudsters?","date":"July 14, 2018","format":false,"excerpt":"\r Banks are accused of failing to shut accounts used by scammers \u2013 but that could soon changeThey are a close-knit band of anonymous fraud fighters, who crusade for justice for victims of online crime \u2013 and spend much of their time \u201cbaiting\u201d and catching the crooks. But what infuriates\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-act-to-stop-transfer-scams-and-errors\/","url_meta":{"origin":21396,"position":3},"title":"Banks act to stop transfer scams and errors","date":"November 29, 2016","format":false,"excerpt":"\r \u2018Confirmation of payee\u2019 system matches account number to holder\u2019s name, so users will know cash is going to right recipientBritain\u2019s banks and building societies are promising a radical change to the way account holders send money to other people in a bid to tackle ballooning fraud and \u201cfat finger\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-api-technology-is-key-to-tackling-financial-crime-in-the-uae\/","url_meta":{"origin":21396,"position":4},"title":"Why API technology is key to tackling financial crime in the UAE","date":"May 5, 2022","format":false,"excerpt":"\r While the UAE\u2019s push to tackle financial crime focuses on regulation, it also provides an opportunity for banks to digitalise and improve their offerings such as adopting APIs that support compliance and protect them from threats and exposure\r \r Source : arabianbusiness.com\r Read more...Why API technology is key to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/05\/Carlos-Teixeira-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":64220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-evidence-of-fraud-but-santander-wont-act\/","url_meta":{"origin":21396,"position":5},"title":"I have evidence of fraud but Santander won\u2019t act","date":"August 22, 2017","format":false,"excerpt":"\r We even knew the details of the account that was used for criminal purposesThe banks always claim they do their utmost to stop bank frauds, but my experience tells a different story.I run a small dog care business and last week my email was hacked. We realised quickly after\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21396"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=21396"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21396\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}