credit cards


Claims Of Attack On Visa, Mastercard Fizzle

One day after a hacker using the handle “Reckz0r” claims to have infiltrated 79 different banks and leaked information allegedly belonging to Visa and MasterCard customers, there are questions about whether a hack actually occurred.


[img_assist|nid=4728|title=|desc=|link=none|align=right|width=100|height=100]Dennis Fisher talks with analyst Rich Mogull of Securosis about his new report on database encryption, the value and danger of storing credit-card data and why more companies don’t get rid of sensitive data more quickly.[audio http://www.threatpost.com/sites/default/files/digital_underground_56.mp3]

[img_assist|nid=1026|title=|desc=|link=none|align=right|width=115|height=115]It’s not just credit cards and debit cards
that are at risk of fraud: pre-paid gift cards can also easily be
cloned and stolen by cybercriminals, according to newly published
research [pdf] from U.K-based Corsaire.

By Dmitry Bestuzhev
The credit crunch means we’re all increasingly aware of bank charges, interest rates, and how we can save a few extra pennies. Financial advisors have written pages on how transferring an existing credit card balance to another card issuer could save you money, and most people are shopping around for the best offers. 
Of course, the APR and other rates don’t worry cybercriminals. All they want to do is get their hands on credit card numbers and then use them or sell them on. Who cares if the card owner gets stung with additional charges? Read the full story [Viruslist].

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