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Indian pleads guilty in $200 mn credit card fraud scheme

Last Updated: Tuesday, June 24, 2014, 09:31

An Indian Businessman Vijay Verma, involved in USD 200 million credit card fraud schemes, has pleaded guilty to his role in the conspiracy and now faces a penalty of 15 years in prison.

Iran denies involvement in cyber attacks against US banks

Last Updated: Saturday, January 12, 2013, 14:08

The Iranian authorities have denied any involvement in the wave of relatively unsophisticated cyber attacks against US financial institutions’ websites.

'US financial institutions actively under attack by hackers'

Last Updated: Thursday, November 01, 2012, 10:56

American financial institutions are "actively under attack" from hackers, a top Obama Administration official has said.