Fraud Prevention rss

Cost of noncompliance could be high

Cost of noncompliance could be high(0)

June 3, 2008

As all persons watching the credit card industry are aware, once a person’s credit (or debit) card is swiped, the cardholder’s personal financial data can be compromised. What this means is that malware or other sophisticated skimmers or readers can be inserted into a card reader and the information then could be obtained by someone […]

Cost of noncompliance could be high
CBS Broadcast on Fraud at the Pump

CBS Broadcast on Fraud at the Pump

Here’s a CBS broadcast on fraud at the pump:
ID Theft Investigated At El Monte Gas Station
At Least 45 Customers Have Been Victimized
EL MONTE, Calif. (CBS)
Police were searching Wednesday for the thieves who stole debit card information from, at least, 45 customers at an Arco station in El Monte. The suspects made off with thousands of […]

Hannaford Bros Supermarkets Hit By Big Data Breach

Hannaford Bros Supermarkets Hit By Big Data Breach

A security breach at an East Coast supermarket chain exposed 4.2 million credit and debit card numbers and led to 1,800 cases of fraud, the Hannaford Bros. grocery chain announced Monday.
Hannaford said credit and debit card numbers were stolen during the card authorization process and about 4.2 million unique account numbers were exposed.
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