Posts Tagged ‘fraud’

Mobile Programmatic Ad Fraud Is Big With Entertainment And Education Apps

Many Chinese companies have risen on the back of mobile advertising, but a new report says fraud is rampant in …


Hong Kong Fights Phone Scams From Mainland China

Recent media reports in Hong Kong have highlighted fraudsters from China phoning and cajoling Hong Kong residents in parting with large sums of cash. So now the Hong Kong government is taking action. Hong Kong’s Office of the Communications Authority has now forced the territory’s telephone operators to insert a specific “+” sign in the […]


What’s The Future For Taxi Apps In China?

On Valentine’s Day, two of China’s taxi-hailing apps agreed to merge. But is this a good business decision and does it benefit consumers in China? China’s two leading taxi-hailing apps Didi Dache and Kuaidi Dache jointly announced on February 14, 2015, that the two companies will realize a strategic integration and they will hold an […]


NQ Mobile CFO Resigns

NQ Mobile, a Chinese provider of mobile Internet services, announced that its chief executive officer KB Teo departed the company last week. According to NQ Mobile, Teo’s resignation became effective from August 22, 2014. Before the determination of a replacement, Shi Wenyong, co-founder and chief operating officer of NQ Mobile, will act the CFO role. […]


China’s Kingsoft Invests CNY100 Million To Help Search Engines Fight Phishing

Chinese Internet security company Kingsoft Network has announced plans to invest CNY100 million to establish a search security laboratory. This lab will reportedly focus on the research of security issues related to Chinese search engines, including phishing websites, malicious links, hidden link implants, link stealing, and privacy leaks. It will analyze technologies used for malicious […]


China’s Rising Starts Security Web Browser Beta Tests

Chinese anti-virus software provider Rising has announced that its first Internet client product, Rising security browser, has started beta tests. A representative from Rising has confirmed the news and said the security browser features security, fast speed, and personalization. It reportedly has the most complete malware address base and the most advanced cloud security engine […]


China Information Technology’s CFO Abruptly Leaves Company

Nasdaq shares of China Information Technology Inc. plummeted more than 20% last Friday after the company announced the abrupt departure of its chief financial officer. The Shenzhen-based geographic information systems provider said Friday that Jackie You Kazmerzak would resign from her post as chief financial officer effective today to pursue another career opportunity. The company […]


Longtop’s CFO Quits As Chinese Software Company’s Auditor Resigns

In the middle of flak concerning alleged securities fraud, Chinese financial services software firm Longtop Financial Technologies Limited announced that its chief financial officer, Derek Palaschuk, who was previously CFO at Chinese Internet firms Sohu.com and eLong.com, has resigned. Palaschuk, a Canadian working for the southern Chinese software company since around the time of its […]


E-Commerce Fraud Forces Alibaba To Replace Internet Executives In China

The chief executive officer and chief operating officer of Chinese e-commerce behemoth Alibaba.com Limited have resigned after the company admitted that about 100 of its own sales people were involved in allowing fraudulent storefronts on its international online marketplace. Alibaba said that members of its senior management knew of a noticeable increase of fraud claims […]


Card Fraud: IBM Employee Information Disclosed By Supplier In China

According to South Metropolitan Daily newspaper, the personal data of more than 1000 employees of IBM Shenzhen has been disclosed and used to apply for credit cards.
Employees of IBM Shenzhen found that their personal information had been disclosed and this data was used to apply for credit cards without their knowledge with a Bank of […]