Blog Posts Tagged with "Credit Cards"

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FBI: Russians Face Charges for International Cyber Crimes

January 18, 2012 Added by:Headlines

Vladimir Zdorovenin and his son engaged in serial cyber crimes in Russia that targeted Americans and wrought havoc with their personal and financial information, using it to make phony purchases and to manipulate stock prices...

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Israeli Hackers Counterhack and Steal Saudi Credit Cards

January 10, 2012 Added by:Headlines

In a tit for tat type move, Pro-Israeli hackers breached Saudi shopping sites and that they have thousands of Saudi credit cards. “If the leaks continue, we will cause severe damage to the privacy of Saudi citizens,” one of the Israeli’s stated...

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On the Israeli Credit Card Breach

January 08, 2012 Added by:Danny Lieberman

The biggest vulnerability of PCI DSS is that it’s about 10 years behind the curve. When people in the PCI DSS Security Council in Europe confess to never having heard of DLP and when the standard places an obsessive emphasis on anti-virus, you know you're still in Kansas...

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Banks and Credit Card Issuers Move Toward Chip and PIN

December 20, 2011 Added by:Robert Siciliano

Credit cards that incorporate an embedded microprocessor chip are far more secure than any other form of credit card currently available, including the standard magnetic striped cards that are all too easy to skim at ATMs and point of sale terminals...

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Restaurant Depot Customers Alerted of Data Breach

December 12, 2011 Added by:Headlines

"Trustwave found that that the thieves inserted malicious software or 'malware' into the credit and debit card processing systems used in Restaurant Depot stores. The malware collected card information as it was processed, stored it temporarily, and then sent it to a computer server in Russia..."

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Holiday Headaches Coming for Consumers

December 01, 2011 Added by:Robert Siciliano

When handing your card to a clerk or cashier, pay close attention. The card should be swiped through a point of sale terminal or keyboard card reader once, maybe twice. If your card is swiped through an additional reader, the card number may have been stolen...

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Nearly 80% of Retailers' Data at High Risk

November 24, 2011 Added by:Robert Siciliano

Now, after five years of pushing standards out to merchants and retailers, a Verizon study has found that 79% of retailers are noncompliant. No matter how you slice it, retailers are a target and must employ multiple layers of fraud protection to thwart cyber criminals...

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Javelin Study Shows Increased Credit Card Fraud Risk

November 01, 2011 Added by:Robert Siciliano

Not a week goes by when we don’t hear of another major breach affecting thousands or even millions of customer accounts. Criminal hackers are getting smarter and savvier all the time, and they often have better technology than the banks and retailers tasked with protecting your data...

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The Evolution of Online Fraud Prevention

October 27, 2011 Added by:Robert Siciliano

When merchants moved from catalogs to websites, IP addresses were used to track transactions. But bad guys figured out how to spoof them. Now we have a number of new technologies designed to fight credit card fraud. The most effective and widely implemented is device reputation...

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Over 100 Arrested in Credit Card Fraud Operation

October 10, 2011 Added by:Headlines

"This is by far the largest... identity theft/credit card fraud cases that law enforcement has come across. Credit card fraud and identity theft are two of the fastest growing crimes in the United States, afflicting millions of victims and costing billions..."

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Why Visa Is Upset

September 13, 2011 Added by:PCI Guru

Visa’s beef with my post is the implied connotation by using the term ‘Chip and PIN’ that a PIN would be required. All I was trying to do was to provide an easily Google-able term for people interested in EMV. Such a complaint from Visa is laughable if it were not so sad...

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Here's a Tip for Your Waitress: Don't Rip Me Off

August 19, 2011 Added by:Kelly Colgan

A Florida waitress used a skimmer to steal their credit card information, make new cards and rack up thousands of dollars in charges at Radio Shack and Walmart—all on their dime. The 25-year-old told authorities she targeted customers who she thought treated her poorly by running her around...

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Have I Been Skimmed???

July 19, 2011 Added by:Anup Shetty

Hardware tampering on handhelds are tough to crack unless multiple cases lead to the fraudsters. Awareness and regular tracking one's card accounts leads to detection. The next time you swipe your card at a tacky joint that, be sure to be more vigilant on your account...

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Authorities Arrest 61 in Global ATM Skimming Ring

July 18, 2011 Added by:Headlines

"What stands out to me is that they arrested 61 people and they anticipate more. I think it just shows how pervasive these skimming rings are. This isn't a couple of smart teenage hackers operating locally, but a globally organized operation..."

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On Cloud Computing and Things Outside the US

July 13, 2011 Added by:Ben Kepes

I know the concerns around international mail orders, but I live in New Zealand, not Nigeria. Skinomi is shutting off commerce with 95% of the global population, and doing so in a way that provides no differentiation between an economy with low levels of credit card fraud and one rife with dodginess...

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Using DLP to Prevent Credit Card Breaches

July 09, 2011 Added by:Danny Lieberman

PCI DSS 2.0 does not require outbound, real time or any other kind of data loss monitoring. The phrases “real time” and “data loss” don’t appear in the standard. In an informal conversation with a PCI DSS official in the region, he confessed to not even being familiar with DLP...

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