506 articles tagged with this keyword
News/Card fraud
US retailer Hancock Fabrics is warning customers that PIN pad units at several of its stores were stolen and replaced with "visually identical, but fraudulent" units last year, putting card data at risk.
16 March 2010
A former Barclays Bank programmer has been sentenced to four years in jail for helping the infamous TJX hacker Albert Gonzalez launder his ill-gotten gains.
15 March 2010
Fraud losses on UK cards tumbled by more than a quarter - to £440 million - last year, the first fall since 2006, according to figures from the UK Cards Association.
10 March 2010
The vast majority of UK firms have yet to be certified as PCI DSS compliant with a third unsure if they will meet an upcoming September deadline, according to research commissioned by vendor Tripwire.
05 March 2010
A group of US restaurants have filed a class action lawsuit against POS vendor Radiant Systems and its distributor Computer World, claiming hundreds of their customers had their identities stolen as a result of payments terminals that were not PCI-DSS compliant.
26 November 2009
More than 100,000 German credit cards have been recalled by banks following a suspected security breech at an unidentified Spanish payment processor.
19 November 2009
Visa Europe has taken a stake in authentication specialist Emue Technologies, with which it has been developing a card that contains a display for generating one-time numeric codes. The size of the investment was not disclosed.
18 November 2009
US retailers rack up around $100 billion in identity fraud losses every year, absorbing nearly 10 times the cost incurred by financial institutions, according to a study from LexisNexis and Javelin Strategy & Research.
10 November 2009
Visa has stepped up its migration to chip and PIN cards in Australia and will ban signature transactions by April 2013.
02 November 2009
Businesses are putting customer credit card data at risk by failing to treat security as a top strategic initiative, according to a survey from the Ponemon Institute.
23 September 2009
The US payments industry should use contactless chip cards along with dynamic cryptograms - rather than end-to-end data encryption - in the fight against fraudsters, according to an industry association.
14 September 2009
A member of a phishing gang that stole financial information from thousands of people and used it to open credit accounts at Wal-Mart stores has pleaded guilty.
11 September 2009
New York prosecutors have indicted five men in connection with a four year investigation into a credit card fraud ring accused of stealing at least $4 million.
02 September 2009
The number of computers infected with malware designed to steal personal and financial information has risen 600% in the last year, according to security outfit PandaLabs.
20 August 2009
In the latest data breach to hit the headlines, Radisson Hotels & Resorts says its computer systems have been illegally accessed, putting customer card details at risk.
19 August 2009
In the biggest case of its kind in US history, prosecutors have charged a Miami man with hacking into the computer networks of payment processors and retailers and stealing the details of 130 million credit and debit cards.
18 August 2009
Details of 573,928 credit and debit cards may have been stolen by criminals who planted code on servers supporting e-commerce merchant Web sites hosted by Network Solutions.
27 July 2009
The Payment Card Industry Security Standards Council (PCI SSC) has published guidelines for retailers on securing wireless networks.
20 July 2009
Three London-based brothers have been jailed for running a counterfeit credit and debit card factory that netted them over £600,000.
15 July 2009
Retail giant TJX has agreed to pay around $9.75 million as part of a settlement with a group of 41 state attorneys general investigating the massive security breach at its operations that resulted in the theft of millions of credit and debit card numbers.
25 June 2009
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