MasterCard, Visa confirm credit card data theft described as ‘massive’ As Reported by Bob Sullivan via MSNBC “MasterCard is currently investigating a potential account data compromise event of a U.S.-based entity and, as a result, we have alerted payment card issuers regarding certain MasterCard accounts that are potentially at risk,” that association said in a [...]
Fri 03/30/2012 - 08:28
Thu 02/23/2012 - 09:52
AP, Canada, CEMEA, LAC, U.S. | Acquirers, Issuers, Processors, Agents Visa is committed to safeguarding the integrity of its payment system by ensuring that all fraudulent activity is swiftly re-mediated. Members are encouraged to follow industry best practices, adhere to the Visa International Operating Regulations and implement strong security controls to protect their operations and [...]
Fri 05/06/2011 - 04:37
by Stephen Price – Payment-Times.com I thought I would pose this question. If you are doing debt collections, do we need check verification services? Here’s my point… Check Verification was originally made for retail establishments (think WalMart, Sears, etc..) that were giving away a product, say a TV. The consumer would tender a check to [...]
Fri 01/21/2011 - 07:41
Crooks have stolen more than $150,000 from a US business after embedding malware into an e-mail replying to an online job posting. The FBI is warning small firms about the scam, which sees computers infected by malware contained in attachments to e-mails sent in response to job ads on employment Web sites. In one recent [...]
Tue 06/01/2010 - 03:27
Cross Posted from Social Business Bank Introduction Credit card fraud is something that can never be completely eliminated, but rather something that must be managed. Merchants must develop a delicate balance between using safeguards to prevent fraud and not creating too many hoops for customers to jump through. In Part #1, we talked about fraud [...]
Wed 05/26/2010 - 03:15
Cross Posted from Social Business Bank Introduction: Want to win 1 year of free credit card processing? You should check out the Sweepstakes currently going on at http://www.SocialBusinessBank.com/win. Liability for fraud shifts from the card issuer to the merchant for ‘Card Not Present’ sale (mail order, telephone/fax order, and internet sales). The merchant is generally [...]
Fri 05/14/2010 - 02:25
Cross posted from Payments101.com by Rik Coeckelbergs As I mentioned in my last blog I was going to elaborate a bit more on the market opportunities of Biometric Payments these days. Through a couple of recent examples I hope to give you a better idea on how and where Biometric Payments can be a success and [...]
Tue 04/27/2010 - 12:57
Cros-posted from Infosec Island Contributed By: Mike Meikle As a consultant, you get to view the grim expanse of industry regulation more than most. Â Sarbanes-Oxley (SOX), Health Insurance Portability and Accountability Act (HIPAA), Federal Information Security Management Act (FISMA) and of course the topic of this article, Payment Card Industry Data Security Standard (PCI DSS). [...]
Sat 04/24/2010 - 09:15
Cross-posted from Bank Fraud Forum by Shirley Iscoe According to the 2009 ABA Deposit Account Fraud Survey Report, debit card losses totaled $788 million in 2008, compared to $1.024 billion lost to check fraud. On the surface, clearly check fraud is a larger problem. Surprisingly, however, more banks reported experiencing debit card fraud losses than [...]
Wed 04/14/2010 - 03:02
Cross posted from Bank Fraud Forum April 09, 2010 by Shirley Inscoe Recently several bankers I’ve spoken with stated they “don’t have a check fraud problem†or that they have check fraud “under controlâ€. These comments puzzled me, especially in light of the release of ABA’s most recent Deposit Account Fraud Survey Report. The report, [...]
Fri 04/09/2010 - 09:10
Reblogged from the Enterprise DRM blog (www.enterprisedrm.info) Trade secrets, executive orders, press briefs, corporate strategies and tactics are all confidential communication tools that could impact the shareholder value of a business. If a press brief is released earlier than is should be, it could cause the net worth of the business to fall. Likewise if [...]
Tue 04/06/2010 - 12:20
Cross-Posted from http://raj-blogg.blogspot.com/2010/04/why-bother-with-pgp.html The very nature of email communication makes it perfect for spying and tapping. Imagine all the emails that fly across the Atlantic Ocean. Every single one of them could be tapped without you even noticing it. Of course, thinking that someone will sit and read every single one of them is preposterous [...]
Thu 03/18/2010 - 06:25
Contributed By: Mourad Ben Lakhoua Sunday, March 14, 2010 on Infosec Island SSH is a perfect security alternative to Telnet and has been used by system administrators and IT managers to configure, implement servers and network devices. Here I wanted to list a manual on Secure Shell usage. First let’s start by choosing SSH client. [...]
