UK bank chief stung in ID theft scam Identity fraudsters have claimed the prize scalp of the chief exec of HBOS bank. Accounts belonging to Andy Hornby, 41, who earns an estimated £1m a year, were frozen after unauthorised withdrawals of at least £7,000 from his accounts. UK tabloid The Sun reports that crooks used an old bank statement from Hornby to pose as the …
I Can't remember my password
What is your address, DOB, the last purchase you made with the card and your mothers given name.
Oh yes wait, it's on this statement I picked up and the DOB is from a website such as xxxxx with complete Births Mariiges and Deaths up to 1983.
Why I was calling, well I've just moved address, terrible hassle, yes I know, anyway lost the cards.... and the limit. can that be raised whilst i'm on the phone anyway.
Fantastic, see you in hell.
Time and time again we see such utter stupidity allowing the poor and unfortunate public to be ripped off by poor banking practices...
No, wait, who am I kidding....
BWHAHAHAHAHAHA
BWHAHAHAHAHAHA
BWHAHAHAHAHAHA
See how you fucking like it! Hey, bank bosses, get your damn act together and start remembering that it's OUR money in those accounts, not yours.
Mines the one with the contents of a HBOS wastepaper basket stuffed into the inside pocket.
as then it'd be fun to think on whether the bank asks him for proof of an up-to-date firewall subscription, or somesuch, as with others apparently. It's also a shame he's likely to have alternative methods of payment, unlike some of us who fall foul of bank errors.
Mine's the one with the banknotes and the fake moustache in the pocket ;)
"These fat-cat bankers have utter blind-faith in chip-n-pin. "
Perhaps. But I suspect that you're thinking of C&P as a flawed anti-fraud technology. OTOH, it might make perfect sense to have faith in it as a risk transfer technology...
And so on. Sometimes, it's a good idea to work out what exactly people are trying to do, before criticising them for doing something completely different badly.
Dear Mr Bank manager,
Are they going to hassle you to fill in claim forms, give you a receipt for the form then lose it while sending it to India to be processed, re-debit the money without telling you and forget to mention it when you phone in saying your account has been hacked again, making you cut up ANOTHER set of cards JUST as you were about to go shopping, eventually making you give up in disgust and open an account elsewhere????
Not that this has ever happened to ME, you understand.......
Mine the one with the bear traps in every pocket.
Why is there not a comment option for http://www.theregister.co.uk/2008/08/21/pin_tampering_analysis/
Jacques Erasmus, director of research at Prevx, recommends manufacturing see-through [chip and pin] terminals so that we can identify terminals which have been tampered with (typically involving Bluetooth tapping on doctored devices).
What Jacques fails to realise, is we don't know what the inside of a chip and pin device should look like. Thus we cannot differentiate between a `standard` device and one which has been doctored. Furtermore, there's no such thing as a `standard` device, since they are produced by a handful of manufacturers, each of which will be designed differently.
you all laugh that some rich guy's been pwned but when it's average joe dave blogs in the street you want the fraudster hanged drawn and quartered.
I laugh at anyone who gets beaten by fraud through the own stupidity but have every sympathy with anyone done due to the bank's stupidity which seems to be the case here.
Just because he earns £1m doesn't mean it's "fair" that £7k is stolen from him.
Fucking socialists.
>Fucking socialists.
At a risk of taking you seriously I think you're a bit mixed up. Socialists want everybody treated equally. They want this bloke to be interviewed by his bank manager, be accused of trying to defraud the bank, told it's his fault that the money went out of his account, be threatened with having the police called in, to fill in loads of forms, be told his claim has been rejected then go through the whole procedure a few times before the bank will admit the system it is using isn't infallible and he can have his money back in a few months time.
"I laugh at anyone who gets beaten by fraud through the own stupidity but have every sympathy with anyone done due to the bank's stupidity which seems to be the case here."
As he actually runs the bank and is responsible for it, the banks stupdity could be considered, to be his own stupidity.
It's the fact that he has ultimate responsibility for the systems & processes that allowed this to happen, and that his bank's policies make it extremely hard for those affected to get their money back. But of course it'll be easy for him.
I would throw out the term 'irony' if I could be sure I was using the term absolutely 100% correctly (cos you lot would be extremely quick to let me know if not). However, I will throw out this term: 'schadenfreude'
I'v just been reading up on the John Munden case.
The first trial accepted a report by - KPMG? The report indicated that HBOS's systems were fine - who were they run by? KPMG
Just as farcical as the MOD asking Boeing if their FADEC system was reliable after the Mull of Kintyre Chinook crash: surprise, surprise, Boeing said it was!
HBOS, of course, did not allow the defence team the access to audit their systems, as ordered by a judge, so the appeal succeeded.
It is to be hoped that the bank will now pursue their own boss with the viciousness they displayed in the Munden case: presume he's guilty of fraud, of course. They could always get KPMG to cook up a suitable report!
Don't bet on it.
I had to hand over a copy of my passport at a LLoyds TSB last year. Gave my passport for her to photocopy. She came back, looked at the photocopy, decided it wasn't good enough, crumpled it into a ball and threw it in the general direction of the bin. It landed on the floor. I asked for the crumpled ball and my passport back and told them to shove their account. The lessons haven't been learned clearly.
All our institutions are disasters in the waiting like this, it's just the price of such failure is so high at banks. Feck 'em all.
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