506 articles tagged with this keyword
News/Card fraud
US authorities have charged three men with running an online shop that made and sold counterfeit credit and debit cards and holographic overlays to crooks.
27 January 2014
Texas police have arrested two Mexican citizens accused of using card data stolen in the Target data breach to buy tens of thousands of dollars' worth of goods.
21 January 2014
The Target data breach which has left tens of millions of payment cards compromised was carried out using off-the-shelf malware authored by a 17 year old Russian, according to security firm IntelCrawler.
20 January 2014
Citi has decided to replace all customer debit cards involved in the massive data breach at retail giant Target, according to the New York Times.
16 January 2014
Neiman Marcus Group has become the second major US retailer in the last month to admit that hackers have compromised its systems, making off with customer card details.
13 January 2014
Oman's Bank Muscat says its insurers have agreed to indemnify the $38.8 million loss it suffered in a pre-paid card fraud scam earlier this year.
02 December 2013
Irish banks AIB and Permanent TSB say that they suspect that some of their customers have fallen victim to card fraud after a massive data breach at loyalty points outfit Loyaltybuild.
15 November 2013
Crooks have infected point-of-sale devices in South Africa with malware, obtaining customer card details and using them to steal millions of rand, according to local reports.
15 October 2013
British crooks netted around £7 million through vishing, an old-fashioned scam that sees potential victims cold called on their landlines and duped into handing over sensitive financial information.
28 August 2013
Several members of a cybercrime ring which trafficked more than 95,000 stolen credit card numbers, causing millions of dollars in losses, have been jailed following a trial in New York.
09 August 2013
ATM and POS-based card fraud are on the retreat in Europe, thanks in large part to technological advances such as EMV, but online losses remain stubbornly high, according to figures from the ECB.
17 July 2013
The card payment processing firms which saw their systems breached as part of two massive recent ATM heists have been named as India-based ElectraCard Services and EnStage.
13 May 2013
US authorities have charged eight people with taking part in two cyber-attacks that saw card data stolen from payment processors and used to withdraw $45 million from ATMs around the world.
10 May 2013
Europol and Romanian police have arrested 44 alleged members of a global fraud ring believed to have tampered with payment terminals throughout Europe, stealing the details of tens of thousands of cards.
28 March 2013
US retailer Genesco is suing Visa to recover more than £13 million in penalties it was hit with for a 2010 data breach.
12 March 2013
Oman's Bank Muscat says crooks have managed to compromise a dozen pre-paid travel cards, racking up RO15 million (US$39 million) in fraudulent transactions.
27 February 2013
Cyber-crooks managed to take over financial accounts late last year and withdraw nearly $11 million from ATMs around the world using pre-paid cards.
06 February 2013
In the latest round of attacks, Hacktivist group Anonymous claims to have leaked the names, addresses and other personal information on around 4,000 bank executives.
04 February 2013
Visa has annouced an expansion of its previously announced roadmap for EMV chip card adoption in the United States to include a migration path for ATM transactions.
A Romanian man has been sentenced to 21 months in prison for his part in a scam that saw the point-of-sale systems of hundreds of US Subway sandwich shops hacked, thousands of cards compromised and millions of dollars stolen.
09 January 2013
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.