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Nearly half of financial frauds being uncovered involve criminals trying to use someone else’s stolen personal details, Experian warns. The credit checking company says that identity theft is a “significant and rising threat,” accounting for 46 percent of financial frauds detected this year – that’s almost double the rate of cases seen in 2012 (27 percent).

The U.S. government is expanding a cybersecurity program that includes big banks, utilities and key transportation companies having emails and Web surfing scanned.

Cyberattackers have attacked South Korean banks and broadcasters, infecting networks with a malicious program that slowed or shut systems down.

FBI officials have arrested 13 people on charges that they participated in gang activity that exploited a loophole in the cash-advance kiosks to steal more than $1 million.

Corporations are taking an average of seven months to detect system breaches, says a Verizon report.

The 2012 Security 500 Report will be released on November 1, 2012.

Jessica Harper, 50, was sentenced to two-and-a-half years in jail after submitting false invoices for more than 2.4 million pounds from 2007 to 2011. 

Danske Bank Group, Denmark’s largest financial institution and a top-100 world bank, has selected the March Networks’ video management software and hybrid recorders for advanced security at its corporate facilities in Copenhagen.