payment card theft
ID fraud soaring across the pond
News Gartner said electronic theft of sensitive information is the leading cause of credit/debit card fraud and bank account transfer fraud.silicon.com Financial Services Fraud related to identity... [07 Mar 2007]
Chip and PIN on 98 per cent of UK tills
News Chip and PIN has also been blamed for making ID theft easier by a leading criminologist - despite figures released by Apacs last year pointing towards a £60m drop in counterfeit card fraud in the first... [15 Feb 2007]
Re:Viewing 2006: The year in retail and leisure
News One notable hiccup occurred in May, when petrol company Shell was hit by a chip and PIN scam which resulted in the theft of more than £1m from customer accounts. Those who hadn't already switched to the new... [18 Dec 2006]
Banks fight e-fraudsters with two-factor authentication
News Identity theft emails, known as phishing attacks, cost banks £12m last year, according to the Association of Payment and Clearing Systems (Apacs). Barclays already offers an SMS text-alert... [05 Sep 2006]
Japan blends credit cards and mobiles
News In the event of theft, the phone can be instantly locked. A number of handsets will offer the credit card functionality, which will see some DoCoMo customers swipe their phones over a dedicated reader in... [30 Nov 2005]
Fraud drives banks' smart card push
News Card fraud and identity theft are driving demand for and cutting the cost of smart cards in the financial sector, analysts claim. The analyst said banks are rapidly adopting contactless... [18 Oct 2005]
eBay coughs up $370m for VeriSign service
News Under the terms of the agreement, eBay will adopt a new kind of transaction protection from VeriSign that will give customers one-time passwords or digital certificates, guarding against identity theft. [11 Oct 2005]
Chip and PIN credited for £36m drop in card fraud
News Half-year figures for fraud on card-not-present transactions and identity theft on card accounts will be published by Apacs next month. Payment industry body Apacs... [10 Oct 2005]
TCG: Mobiles need hardware-based security and DRM
News And, in the future, payment data such as credit card numbers will be added to the mix, the group said. In the future they could replace wallets, say industry pundits, with consumers whipping out a... [28 Sep 2005]
Massive ID theft ring still operating
News An estimated 27,000 people have been affected by an identity theft ring that was discovered earlier this month, according to Sunbelt Software, the security firm which uncovered the operation. Eric Sites, the vice... [25 Aug 2005]
Online shoppers pledge more money to safer internet
News An alarming 83.2 per cent of respondents said they feel threatened or extremely threatened by online fraud, while a similar number expressed the same levels of concern surrounding identity theft. A number of credit... [19 Aug 2005]
'Banks must educate customers on fraud'
News Managed services company Unisys has attacked banks and building societies for failing to tackle consumer apathy towards identity theft and fraud. Nigel Moden, retail banking partner at Unisys, said in a statement: "Many... [04 Aug 2005]
The Weekly Round-Up: 24.06.05
Round-Up Perhaps the most notable factor is the timeliness of a major credit card breach at a third party payment processing company which led to the theft of up to 40 million credit... [24 Jun 2005]
MasterCard scandal: More details emerge
News While millions of accounts were potentially accessed by the attackers, the investigation into the theft has found that records covering about 200,000 cards were transferred outside the CardSystems network, the... [21 Jun 2005]
MasterCard scandal: Worst data theft ever?
News The credit card theft possibly occurred late last month, according to CardSystems. The breach follows several high-profile data loss incidents that potentially exposed US consumers to identity... [20 Jun 2005]
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