(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… Read More »
I continue to be intrigued, but somewhat perplexed, by the CardSystems security breach that happened nearly two months ago now. Who knew it first, and who told who, and when? And why did it take so long to tell the rest of us? A U.S. company claimed it was its software that first spotted the… Read More »
Trying to make sense of the massive theft of credit card numbers at CardSystems, ‘a leading provider of end-to-end payment processing solutions focused exclusively on meeting the needs of small to mid-sized merchants’, in which information on more than 40 million credit cards may have been stolen. CardSystems itself has issued only a brief statement… Read More »
I opened a new bank account recently, and also applied for a VISA card. The credit card department this morning called me to verify some personal data. When the person started asking her questions, I stopped her. I told her I would have to verify who she was before I could give her any such… Read More »
A 23–year old man called Daniel A. Defelippi in the U.S. has pleaded guilty to three years of phishing and identity fraud, according to the the Democrat & Chronicle: A Rochester man admitted Tuesday that he engaged in widespread identity theft, pilfering credit card numbers through fake Web sites and even collaborating with computer hackers in Eastern European… Read More »