Credit Card Fraud
How's this for a phone call you don't want on a Sunday night: Visa's fraud unit, calling to ask whether you're aware that $1,371 has been wired from your bank account via Western Union.
Unfortunately, it's far from a rare occurrence...
The FBI charged 28 and arrested 24 in the bust of a major internet credit card fraud ring today. The accused were involved in a large variety of fraud schemes involving 411,000 credit cards and over $205 million.
Wyndham Hotels is being sued by the US Federal Trade Commission for lax security measures. Will suits like this raise concerns among other organizations that are careless with our personal information?
The fallout from the breach of payment card processor Global Payments continues to widen, yet more information does not bring more clarity. Banks are uncovering more fraud related to the incident, but information about the theft is not being released by Global Payments.
Cybercrime is big business these days, in fact it's an industry. So it's not a surprise to find that criminals are embracing ecommerce. But some will be surprised to discover just how professional and legitimate criminal websites can appear.
David Schwartzberg is this week's guest on the Chet Chat to talk about the data breach at Global Payments, a new Mac botnet and Flash Player updating. David also explained the new AES-NI encryption acceleration in Intel chips and a new way to safely store files in the cloud.
An undercover investigation in India has uncovered that some call center workers have been selling confidential information on nearly 500,000 Britons.
The US Department of Justice has indicted and arrested four Romanians for credit card fraud perpetrated against Subway restaurants and other retailers concluding a three year investigation. Looks like default/easily cracked passwords enabled another needless theft.
SophosLabs has been tracking an increase in targeted attacks focused on hospitality and education organizations. The malware steals credit card data directly from memory for later retrieval by the criminals involved.