Online fraud : Darker side of online payment services

Shopping has never been so much fun until online services invaded our lives. Of course, shopping seems so easy and convenient when we can do it online from anywhere, anytime. Moreover, the generation today is so dynamically growing that they demand comfort at every step of their lives, and so, online shopping services have been […]

Firm Sues Cyber Insurer Over $480K Loss

A Texas manufacturing firm is suing its cyber insurance provider for refusing to cover a $480,000 loss following an email scam that impersonated the firm’s chief executive.At issue is a cyber insurance policy issued to Houston-based Ameriforge Group Inc. (doing business as “AFGlobal Corp.“) by Federal Insurance Co., a division of insurance giantChubb Group. AFGlobal maintains […]

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