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Intuit warns of credit card risk







Intuit warns of credit card risk

Intuit warns of credit card risk 07/14/2004 06:57 PM

Customers are told to watch their accounts closely after a PC containing personal data is stolen.




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Intuit warns of credit card risk

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Massive Credit Card Security Breach Puts
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Master Card and Visa security breaches are becoming almost common. Last week’s announcement of hackers accessing records from CardSystems Solutions Inc. means up to 40 million credit card holders may be at risk of identity theft. Financial Planning Expert Jim Trippon CPA offers practical pro-active ideas to protect your financial privacy. [PRWEB Jun 19, 2005]

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After working incredibly hard in the legal arena to make sure that they weren't declared a bank, PayPal is now doing much more to appear bank-like to websites that want to take transactions. They're implementing a series of web services designed to make it easier to incorporate a PayPal option for commerce sites, along with traditional credit cards. Of course, some are pointing out that the demand just isn't there for such things. The end-users don't see much benefit if the site already has a merchant account and can offer credit card payments. There isn't much of a benefit to end users to use PayPal when they can just as easily use a credit card. The only advantage is to sites that can't afford or don't want a merchant account of their own - and they're probably already using PayPal.

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Source: News.com - Simple queries using the Google search engine can turn up a handful of sites that have posted credit card information to the Web, CNET News.com learned on Tuesday....

maxed-out credit card


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"hot check" writing .. nathan newman .. Newman

nathannewman.org/log/archives/001286.shtml#001286
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The Credit Card Prank II 03/22/2005 03:18 PM
credit card receipts with fake names .. The Credit Card Prank II .. signature verification

zug.com/pranks/credit_card
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My wife was hit by credit card fraud last week - somehow, someone managed to get her credit card number and used it to make charges to AOL - setting up an email account in my wife's name that even used our actual address, phone number etc. Register.com - two charges were made here which were subsequently reimbursed before we... (328 words)

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IMF warns of high oil price risk 04/13/2005 01:35 AM
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Credit Card ID Theft Affects 180,000 04/14/2005 09:22 AM
180,000 individuals that used their MasterCard credit cards at Polo Ralph Lauren stores are being informed that they may have had their personal information compromised, British bank HSBC revealed on Wednesday. In particular, the theft seems to be limited to those carrying GM-branded MasterCards.

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Visa Toys With Credit Card Displays

"Visa International is experimenting with credit cards that include a small display screen where customers could view recent transactions, bank balances, or local currency exchange rates, says Deborah Arnold, Visa's vice president of global consumer strategies....

Visa expects to have produced working prototypes of the devices in about a year's time, Arnold says, although with security and other technology issues still to be ironed out, it's likely to be a few years before such cards become widely available. In addition, the LCD-like screens being used in early designs are too fragile for everyday use, Arnold says....

Another issue with the use of display screens on credit cards is cost-effectiveness, she says. 'It's all expensive--the cost of the battery, the display, hooking [the display] up to the chip. The initial cards with these displays are going to be very expensive,' she says....

Clearly, displaying personal account information on a card presents potential security concerns, and Visa is looking at technologies such as biometrics and passwords to secure access. Banks and end users will help to determine how much security is necessary, and certain information, such as points accrued through loyalty programs, might not need much protection, she says." [PCWorld.com]

An interesting idea, and you have to wonder if these catch on someday, will patrons expect to be able to read their library cards, too? Could be kind of handy to be able to whip out your library card and see which items you have checked out and when they're due.


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Wave the Card for Instant Credit


Wave the Card for Instant Credit 12/15/2003 05:51 AM
Credit card companies want to make spending even easier: They are testing a new 'contactless' credit card that charges an account when it's wafted past a special reader. Some experts warn security is the biggest obstacle.

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Entering credit card numbers


Entering credit card numbers 02/10/2004 02:44 PM
Bruce Tognazzini writes in his Ask Tog column Top 10 Reasons to Not Shop On Line: "...Why can’t I input my credit card number the way it appears on the card? Why do I have to suck the extra spaces out, making it all but impossible to re-scan it for errors? We’re talking three spaces here, three bytes." (via Usability Views) I will quite often try to see if a credit card number field gives me enough room to enter it with spaces. If it does, I will then delete the spaces because I know so many places can't handle them. Any of you web programmers out there, tell me you couldn't write code to strip three spaces out of a credit card number? We're talking regular expressions 101 here. In a similar vein, I once asked a programmer I was working with to allow social security numbers to accept both no spaces or hyphens, and they told me the code to take hyphens out was easier than the code insisting the user enter it without hyphens....

Credit Card Fees on the Rise


Credit Card Fees on the Rise 05/26/2004 02:59 PM
New consumer report details skyrocketing credit card fees.

Want to Charge It? You'll Have to Talk
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to Your Credit Card
05/19/2004 06:04 PM
A company has designed a credit card with an unusual security feature: it works only when it recognizes the voice of its rightful owner.

Catching the credit card thieves


Catching the credit card thieves 03/25/2005 09:11 PM
Curtis Poe got his credit cards stolen: This morning, I found out that thousands of dollars of charges had been made on two of my credit cards in the past two days. Now, the identity thieves are sitting in jail. This is how it happened. It involves identity theft, a careless thief, one pissed-off Ovid and lots of luck. Awesome!...

Hackers hit credit card company


Hackers hit credit card company 09/23/2004 10:56 AM

"credit card signature pranks"


"credit card signature pranks" 03/27/2005 04:45 AM

Extortionists hit US credit card firm


Extortionists hit US credit card firm 09/23/2004 06:52 AM
Computer Weekly Sep 23 2004 10:05AM GMT

Credit card details published on Web


Credit card details published on Web 07/05/2004 07:57 AM
It was five years ago today... 5 July 1999

Credit Card Breaches Not Only Old Hat,
But Also Declining


Credit Card Breaches Not Only Old Hat,
But Also Declining
06/22/2005 02:17 AM
In the wake of CardSystems outra geous 40 million customer data exposure and its seemi ngly quaint predecessors, the Monday morning quarterbacks are weighing to explain what we've all known for a while now: security breaches of this kind are nothing new, it's just that we're finding out about them more. In fact, the evidence shows that the incidence of credit card fraud is actually declining. Turns out that banks and merchants have been tackling this issue for some time, and actually reduced illegal credit card purchases by $100 million between 2003 and 2004. The industry still has a ways to go (after all, $788 million worth of fraud is still a serious problem), but at least there are signs of improvement. The same can't be said of identity theft, which the BusinessWeek story says is slightly on the rise and probably fueling the misperception about fraud in general. Of course, identity theft is a much more damaging crime with fewer solutions than a bunch of fake charges on your credit card. And, scammers don't need to swipe tons of data to cause widespread problems. Just a couple hundred thousand people's info will do.

Credit card hacking not hard


Credit card hacking not hard 06/24/2005 08:30 PM

Capital One Sued Over Credit Card Ads


Capital One Sued Over Credit Card Ads 12/31/2004 02:16 PM
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Want to charge it? Talk to your credit
card


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card
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CNET May 20 2004 2:09PM GMT

NEC's Credit Card Phone


NEC's Credit Card Phone 04/09/2004 03:55 PM
JOEL JOHNSON -- Don't get too riled up: this NEC N900 cameraphone is available only in China for now. Plus it can only be used with a headset, but that only makes the credit-card sized device a tiny bit less desirable. Read...
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Intuit warns of credit card risk

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