Tag Archives: Payment systems

Malware Inside the Credit Card Machine

By | January 21, 2009

(Update, July 2009: A BusinessWeek article puts the company’s side; maybe I was a little too harsh on them in this post.) This gives you an idea of how bad malware is getting, and how much we’re underestimating it: a U.S.. company that processes credit card transactions has just revealed that malware inside its computers may have stolen… Read More »

Goertzel, Rugby and the Sweet-talking Scam

By | March 30, 2007

The South China Morning Post reports (I’ve got the hard copy here; everything there is behind a subscription wall, so no full link I’m afraid) of a clever scam where the bad guys steal just enough stuff — cards + identity — from a victim to be able to social engineer their way into trust, but not enough… Read More »

Elitism’s Big Security Hole

By | September 1, 2006

You would expect that if you choose an elite, premium product or service that it was more secure than its lesser, bog standard one. But after an incident today I’m not so sure. I happen to have a fancy premium account at my bank. I didn’t really want it, and object to such things on champagne socialist grounds,… Read More »

Cash With a Human Face

By | February 19, 2006

Here’s a useful innovation for foiling scammers stealing money from ATMs with their heads covered to avoid identification: a system which “can distinguish between someone whose face is covered or uncovered, and only grant access to those who bare their faces.” No face, no dosh According to Taiwan’s Central News Agency (no story URL available; first paragraph here),… Read More »