Monthly Archives: April 2009

PIN Crackers Nab Holy Grail

Posted on April 16, 2009 by Tom Mahoney

It seems that there is no end to the sophisticated ways the bad guys have to get our money. Here’s the latest. Continue reading →

Posted in credit card fraud, fraud trends, Interchange Fees, Interest Rate | Tagged , | Leave a comment

Chargeback Survey Results

Posted on April 14, 2009 by Tom Mahoney

Last week’s survey is retired. The results are about as I suspected. Brick and Mortar stores don’t see as many chargebacks. Continue reading →

Posted in chargeback, credit card fraud, e-Commerce, fraud trends | Tagged , , , | Leave a comment

A quick survey

Posted on April 9, 2009 by Tom Mahoney

Many merchants have brick and mortar stores along with their E-commerce sites. I’m interested in getting an idea of how much credit card fraud you see in your store and your e-commerce site.

Continue reading →

Posted in credit card fraud | Leave a comment

Visa Pushes More Fraud Toward E-commerce

Posted on April 2, 2009 by Tom Mahoney

Visa is piloting two more fraud prevention ideas. As usual, they are aimed at the brick and mortar stores where fraud loss is covered by the issuers. E-commerce is getting shafted again. Continue reading →

Posted in e-Commerce, fraud trends, greed, merchant, profit from fraud | Tagged , | 3 Comments

Retailers: Credit card data inadequately protected

Posted on April 1, 2009 by Tom Mahoney

PCI DSS: “In significant part, (it is) a tool to shift risk off the banks’ and credit card companies’ balance sheets and place it on others.” Continue reading →

Posted in Data Breach, government accountability, PCI Compliance, Security Standard | Tagged , , | Leave a comment