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Credit Card ID Theft Affects 180,000







Credit Card ID Theft Affects 180,000

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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Credit Card ID Theft Affects 180,000

Grok Headline matches for Credit Card ID Theft Affects 180,000

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Protecting yourself from credit card fraud and identity theft has become even more important with the unrelenting succession of security breaches, such as last week's theft of 40 million credit card numbers. Here are seven specific things you can do now to help protect yourself from credit card fraud and identity theft. [PRWEB Jun 21, 2005]

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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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A man charged in one of the largest identity theft scams in U.S. history pleaded guilty to charges of conspiracy, wire fraud, and fraud in connection with identity documents Tuesday and could face up to 50 years in prison, according to a statement from U.S. Attorney David Kelley, of the Southern District of New York.

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

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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)

Is PayPal The Fifth Credit Card?


Is PayPal The Fifth Credit Card? 05/03/2004 01:45 PM
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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.

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Truly Unbelievable Credit Card Pranks


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Here’s a series of real life pranks by a guy from Zug.com who wanted to see just how important credit security was when he used his card at various stores and restaurants. He starts out slow - signing names other than his own, advances to wacky names like Beethoven, and even devolved into drawing ducks, hieroglyphics, and a little grid picture. None of it mattered. (The photos are hilarious.) Eventually he started signing blatant theft…

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A Different Kind of Credit Card
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A Different Kind of Credit Card
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04/30/2004 12:44 AM

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.


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!...
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