Banks have failed customers over credit card fraud; why should they do any better over phishing? Further to my piece on how banks had failed customers over phishing by continuing to communicate with them by email and failing to warn customers about possible breaches of security, here’s an example from the world of credit card… Read More »
If you think the Internet is a scary place for stealing your sensitive bank data, try your local gas station. The Star Tribune in Malaysia reports that criminals there are increasingly intercepting the transmission of credit card data between the point of sale machines that swipe your card and the bank. This data, incredibly, is… Read More »
I live in Indonesia, which teaches you tons about credit cards and how easy they are to get fraudulent with. But at least here they don’t allow you to swan past security with riding lawn-mowers you haven’t paid for. From the Sacramento Bee, a cautionary tale about the self-checkout lane in supermarkets where you swipe… Read More »
Looks like Australia is becoming a haven for credit card fraud, or at least a part of the business. An article on News Interactive says that losses by Australian banks to credit card skimming have risen by more than 400 per cent in the past year, according to The Australian Crime Commission (ACC). Organised groups… Read More »