Albert Gonzalez, a hacker charged with stealing as many as 130 million credit and debit card numbers, will plead guilty to 19 counts of charges related to the TJX breach and surrender assets. Any cybercrime satisfaction, however, will be short-lived. by Larry Dignan
Add the Radisson Hotels & Resorts chain to the growing list of businesses reporting significant data breaches that exposed sensitive customer data. In an open letter to guests, Radisson chief operating officer Fredrik Korallus said the hotel chain's computer system was hacked between November 2008 and May 2009 and...
Albert Gonzalez, 28, was the alleged ringleader of a cybercrime enterprise that swiped at least 170 million credit and debit card numbers in recent years. The U.S. Department of Justice announced Monday that Gonzalez, already awaiting trial for the TJX data breach, along with two others were...
The client is a national retailer, experienced a breach in security involving credit and debit card information. Affecting thousands of transactions, the breach raised questions about the company's ability to protect confidential customer information. The challenge was PCI Compliance as a result of a data breach and transfer of sensitive...
The Mercator Advisory Group estimated that the volume of transactions on general-purpose prepaid cards totaled more than $4 bln in 2008. It forecasts an increase to $7.2 bln in 2009 and $10.8 bln in 2010. by AM
Start your company with a credit card and a cloudThis is a joke, right?"Whip out your credit card, load and go - on a cloud-powered data center."Do you have [b]any idea[/b] what's happening with the economy right now?You'll be lucky if the credit card company allows you to put $0.02...
The recent TJX data breach serves as an important reminder of how critical strong information security is within an organization. In late January, TJX Companies officials disclosed that an attacker exploited a flaw in a portion of TJX's computer network that handles customer credit card, debit card, check and merchandise...
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...
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...
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. The banking and credit card industry have spearheaded their own initiatives, including the newly revised Payment Card Industry...
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...
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,...
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...
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.
A nationally known discount retailer, with nearly 200 locations, experienced a breach in security involving credit and debit card information. Affecting thousands of transactions, the breach raised questions about the company's ability to protect confidential customer information. The transaction data for each 24-hour period is put into batch files and...
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...
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,...
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....
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...
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