14 Apr
One of our Merchant911 members filed a fraud report that once again shows us that banks just don’t have a clue about fraud prevention. We’re not talking about a little bank here, folks. We’re talking about Washington Mutual - WaMu - one of the largest credit card issuers in the country.
Posted in Credit card, Merchant911.org, credit card fraud, e-Commerce, fraud, fraud trends, fraudulent use of cards, merchant, profit from fraud by: Tom Mahoney
3 Comments
04 Apr
Merchants need to know that they are PCI/DSS compliant even though they have no control over it.
Posted in Credit card, Data Breach, Merchant911.org, credit card fraud, merchant by: Tom Mahoney
No Comments
29 Mar
Hannaford Bros. confirmed yesterday that the source of the data breach that compromised 4.5 million credit and debit cards was Malware - malicious code secretly installed on their servers. And yet they were PCI compliant.
Posted in Credit card, Data Breach, credit card fraud, e-Commerce, fraud, fraud trends, merchant by: Tom Mahoney
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