Tag: hacked
Two Steps – One Giant Leap
For some time now, there has been a chorus of appeals for Betfair to beef-up their security measures.
If you visit the forum there have been lots of anecdotal stories in the past regarding unauthorised access to Betfair accounts. Even though IP addresses and locations can be traced, actually getting anyone to do anything about a hacked account was and remains difficult. Things took a big twist when it was revealed Betfair had suffer a security breach and failed to …
Fraud on client funds again?
WorldSpreads recently entered special administration after the company said in a statement that as at close of business on Friday 16 March, the board of directors believed there was a shortfall of some £13m in clients’ money. I offer my sympathy if you have been affected.
Basically it looks like they have been trading using clients funds, though official information is always a big foggy in these cases. If so, it would not the first time a company has done …
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