Monthly Archives: October 2008
On line credit card fraud is going to soar
The current economic situation can only mean an increase in credit card fraud for on-line merchants. Continue reading
Posted in Chip and PIN, e-Commerce, fraud, fraud trends, identity theft, merchant, profit from fraud
Tagged Data Breach, fraud, fraud trends, identity theft
4 Comments
Credit Card Fraud Sting Nets 58 Arrests
What the bad guys thought was just another forum for selling and trading credit cards was a law enforcement sting. Continue reading
Posted in credit card fraud, fraud, fraud trends, government accountability, profit from fraud
Tagged credit card fraud, FBI, fraud trends
4 Comments
Chip and PIN, terrorism, and boy are we in trouble
The UK appears to be the involuntary center of terrorism funding, thanks to Chip and PIN readers made in China. Their transactions have been phoning home to Al-Qaeda over in Pakistan. Continue reading
Posted in Chip and PIN, Data Breach, fraud, fraud trends
Tagged Chip and PIN, fraud trends, terrorism, terrorist
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Visa Creates Another Fraud Monster
As if we didn’t have enough fraud problems, Visa is offering the carders another way to commit fraud. It’s all about “How many transactions can we do per second,” and the word secure isn’t in their vocabulary. Continue reading
Posted in Data Breach, credit card fraud, fraud, fraud trends, identity theft
Tagged electronic payment, fraud trends, Google, Nokia, Visa
5 Comments
Funding Terrorism With Credit Cards
Criminals do not have a monopoly on credit card information theft and fraud. Credit card exploitation and fraud has become a growth industry for terrorists. Continue reading
Posted in Al-Qaeda, credit card fraud, fraud, fraud trends, identity theft, profit from fraud, terrorism
Tagged credit card fraud, Economic Jihad, fraud trends, terrorism
2 Comments
