Tag Archives: MasterCard

How Long Did The ‘Biggest Data Theft In History’ Go Unreported?

By | July 19, 2005

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 breach last year,… Read More »

The Big Credit Card Theft

By | June 19, 2005

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 on its website… Read More »

Wiretapping Your Way Into Credit Card Fraud

By | March 13, 2004

If you think the Internet is a scary place for stealing your sensitive bank data, try your local gas station. The Star Tribune in Malaysia reports that criminals there are increasingly intercepting the transmission of credit card data between the point of sale machines that swipe your card and the bank. This data, incredibly, is being sent in… Read More »