Monthly Archives: July 2008
Still Another Attempt to Prevent Credit Card Fraud
Over in Europe, Visa is developing yet another “milestone in fraud prevention” for which, they admit, “If the PIN can be recorded surreptitiously, the card will prove no more secure than its predecessors.” Yeah – so what’s the point? Continue reading
Implosion of Plastic?
I’m wanting to go way out on a limb and predict the end of credit cards as we know them. I can’t, but any other industry that was as business unconscious as the card companies would face imminent doom. Continue reading
Posted in Interchange Fees, credit card fraud, fraud, fraud trends, greed
Tagged Credit card, credit card fraud, debt
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A Personal Note
The haunting but beautiful sound of several packs of wolves can send chills down your spine. Continue reading
Posted in credit card fraud
Tagged sanctuary, Speedwell Forge, wolf, Wolf Sanctuary of PA
3 Comments
Internal Data Breach at Wells Fargo – Not Just One?
A recent data breach by an employee at Wells Fargo was made public last week but Merchant911 believes there was another one. Continue reading
Posted in Data Breach, credit card fraud, fraud, fraud trends
Tagged Data Breach, fraud trends, Wells Fargo
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More ATM Hacks – A Disturbing Trend
Hackers broke into Citibank’s network of ATMs inside 7-Eleven stores and stole customers’ PIN codes, according to recent court filings that revealed a disturbing security hole in the most sensitive part of a banking record. Continue reading
Posted in fraud, fraud trends, identity theft
Tagged ATM, CitiBank, Data Breach, fraud, fraud trends, hack
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