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- Indictments in huge hacking & theft case
- A federal grand jury returned indictments today on 11 defendants in one of the largest hacking and online theft cases ever. The Department of Justice charged 11 individuals from around the world with stealing 40 million credit and debit card numbers, cracking the networks of nine retailers and stealing an...
- Tags: Belarus, Hacking, Debit Card, Ukraine, Debit Card Number, Unauthorized Access Device, Identity Theft, Financial Services, Security, Richard Koman
- Blog posts 2008-08-05
- ID theft bust: Indictments are nice, more arrests much nicer
- Praise be, big time. Almost. The U.S. Department of Justice and the U.S. Attorneys offices in Massachusetts and California announced today that they have indicted 11 individuals as part of an international ring of hackers (really, crackers) who purloined at least 40 million credit card and debit...
- Tags: U.S., Network, Debit Card, U.S. Department Of Justice, Ukraine, Identity Theft, Hacking, Financial Services, Security, Tom Steinert-Threlkeld
- Blog posts 2008-08-05
- Bank of America check card data compromised
- Bank of America check card data compromisedSue 'em.This is inexcusable.RE: Bank of America check card data compromisedLovely, I just switched my personal and corporate accounts from Wachovia to BOA and for what? this? great!JThttp://www.Privacy-Center.netRE: Bank of America check card data compromisedi am one of the customers.RE: Bank of America check...
- Tags: Financial services, WIRELESS, Wi-Fi, Bank of America Corp., card data
- Discussion threads 2008-06-17
- An (Imaginary?) Hannaford Conspiracy
- The regularity with which geezers like me see history repeating itself suggests some combination of memory influencing perception with an amazing continuity in the forces driving human behavior. Worse, our perceptions of what happened then may be wrong but influence our interpretations of what's happening during the perceived re-run anyway,...
- Tags: Point-of-sale, Debit Card, Computer, IBM Corp., Hannaford, Data Breach, Linux, Financial Services, Productivity, Operating Systems, Software, Paul Murphy
- Blog posts 2008-04-08
- East Coast supermarket chain hit by data breach; 4.2 million account numbers affected
- Hannaford Bros., a supermarket chain with stores primarily in the Northeast and Florida, said Monday that it was hit by a data breach that exposed 4.2 million credit and debit card numbers. Overall, 1,800 case of fraud have been reported due to the breach. The company...
- Tags: Supermarket, Debit Card, Data Security, Financial Services, Larry Dignan
- Blog posts 2008-03-17
- PCI-DSS: Avoiding the Data Theft Disaster
- This new whitepaper considers the topical issue of how to ensure your customers credit and debit card information is securely stored and protected. The paper focuses on how to use cryptography to achieve PCI-DSS compliance and avoid a business threatening cardholder data theft.
- Tags: Debit Card, Financial Services
- White papers 2007-11-28
- How to comply with the Payment Card Industry Standard
- The Payment Card Industry PCI Standard applies to every organization that processes credit or debit card information, including merchants and third-party service providers that store, process or transmit credit card/debit card data. This new set of guidelines and operational requirements went into effect June 30th, 2007, and...
- Tags: Card, Payment, Industry Standard, Industry, Astaro AG, Debit Card, Payment Card Industry Standard, Operational Accounting, Finance
- White papers 2007-08-07
- PCI Data Security Standard: SSO - Strong Authentication - Physical/Logical Security Convergence
- During the last ten years there has been an explosion in the use of Internet-based commerce, as well as a drastic increase in credit and debit card usage in the physical storefront. Despite the best efforts of organizations to protect customer data, consumer fraud and identity theft have hit new...
- Tags: Credit Card, PCI, Debit Card, Single Sign-on, Imprivata, Authentication, Convergence, Identity Theft, Financial Services, Sales Channel, Security, Sales
- White papers 2007-07-02
- Protecting Credit Card Data: How to Achieve PCI Compliance
- These days, anyone who owns a credit card is familiar with the problem of identity theft, in which technology-savvy thieves extract customer credit and debit card information from unsecured databases. It's a problem that affects everyone in the retail supply chain - the payment card companies, the banks, the retailers,...
- Tags: Network, Credit Card, Retail Company, PCI, Debit Card, Motorola Inc., Retail, Financial Services, Identity Theft, Sales Channel, Security, Sales
- White papers 2007-07-01
- PCI Data Security Standard
- There has been an explosion in the use of Internet-based commerce, as well as a drastic increase in credit and debit card usage in the physical storefront. Despite the best efforts of organizations to protect customer data, consumer fraud and identity theft have hit new highs. According to the U.S....
- Tags: Credit Card, PCI, Debit Card, Imprivata, Identity Theft, Sales Channel, Financial Services, Security, Sales
- White papers 2007-06-26
- The Payment Card Industry Compliance - Securing Both Merchant and Customer Data
- This white paper introduces the Payment Card Industry Compliance standard, and the security threats which brought about the need to standardize the data protection of both merchants and customers. The internet is no longer just a source of information, but it is a trading universe where thousands of credit and...
- Tags: Card, Payment, Internet, Financial, Data, Industry, Debit Card, Acunetix, PCI Compliance, Financial Accounting, Financial Services, Security, Finance
- White papers 2007-05-01
- Visa warns software may store customer data
- Visa warns software may store customer datayum my favorite desert - visa cardsCan't see why the security professionals in this area do not see this sort of problem coming - of course, what is required for each transaction is better authentication and provenance.I was a victumI was a victum of...
- Tags: Financial services, debit card, Visa Inc., card, software
- Discussion threads 2006-03-19
- Your secret PIN may not be so secret
- Your secret PIN may not be so secretI've never seen an upside to debit cards.Why do some people prefer debit cards over credit cards? These people who lost money via fraud lost it directly from their bank accounts. Now they need to prove fraud and try to get...
- Tags: Financial services, Litigation, debit card, credit card
- Discussion threads 2006-03-16
- Out-sourcing and the Debit Card hack
- Out-sourcing and the Debit Card hackHow long would it taketo "empty" a million dollars from ATMs? Most accounts have a $200-$500 withdrawal limit PER DAY! How many days did this go unnoticed? A million dollars is thus 2000 "days" worth of $500 withdrawals. That means that you need to visit...
- Tags: Network technology, NETWORKING, Financial services, ATM, bank, debit card
- Discussion threads 2006-03-15
- Outsourcing and the debit card hack
- Last Friday reports surfaced of a massive series of consumer debit card frauds affecting Citibank, Bank of America, Wells Fargo, Washington Mutual, and others in Canada, Russia, the U.K. and the U.S. Here's how Techweb's Gregg Keizer wrote up some key comments by Gartner's Avivah Litan: In this case,...
- Tags: outsourcing, debit card, CardSystems Solutions Inc., processor
- Blog posts 2006-03-15
- New debit card fraud tied to West Coast case
- New debit card fraud tied to West Coast caseThis is exactly why the account number / pin are NOT acceptable.Any of millions of locations in the world could be hacked to record account number / pin, then after making enough fake cards and sending them out to participants world-wide, have...
- Tags: Financial services, debit card fraud, debit card
- Discussion threads 2006-03-07
- Banks scramble on debit card theft
- Banks scramble on debit card theftAnd what OS was this that was broken wide open?;-)My first guess on a hacked OS would be a Windows Server...... but I think you're trying to imply they run Linux (or some other *NIX) boxes. Unfortunately, the article doesn't give enough detail so...
- Tags: Web servers, Microsoft Windows, Financial services, Operating systems, Servers, Web server, debit card, bank
- Discussion threads 2006-02-13
- Bank of America cancels numerous debit cards
- Bank of America cancels numerous debit cardsThe REAL question is"The question is, would we rather risk inconveniencing customers and protect their information and accounts, or do we just do nothing?"Actually, the real question is why are you in this position in the first place? If real security was a priority...
- Tags: Financial services, REAL QUESTION, debit card, card, Bank of America Corp., Visa Inc., security, bank
- Discussion threads 2006-02-10
- 43ò0of US financial transactions go through credit and debit cards
- 43ò0of US financial transactions go through credit and debit cardsUseMyBank ... Instant Online Debit PaymentsOnline banking is the fastest growing activity on the internet and here is a new option for everyone who banks online. UseMyBank Services, has revolutionized the payment industry for online Sellers and Buyers. Consumers with...
- Tags: Banking, Operational accounting, INTERNET, Financial services, E-business/E-commerce, debit card, financial, UseMyBank, payment, Instant Online Debit Payments, online banking
- Discussion threads 2005-08-19
- 43% of US financial transactions go through credit and debit cards
- Credit and debit cards will account for 43% of all purchases in the US in 2004, but cash is still a major force worldwide. Visa estimates that cash transactions will total $1.2 trillion worldwide in 2005. Credit card purchase volume has been expanding about 15% per year for the last...
- Tags: debit card
- Blog posts 2005-08-18
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