DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Report: ATM/Debit Card Fraud On The Rise

Posted on May 12, 2009 by Dissent

This will be no surprise to anyone who really reads all the breaches reported on this site, but Kelly Jackson Higgins of Dark Reading reports:

[…]

Nearly 70 percent of the [161 financial services] respondents to the survey, conducted by antifraud firm Actimize, said they had experienced an increase in ATM/debit card fraud claims in 2008 compared to 2007. Around 23 percent said those claims jumped by 5 to 9 percent; around 16 percent, by 10 to 14 percent; 17.5 percent, by 15 to 19 percent; nearly 9 percent, by 20 to 24 percent; 11 percent, by 25 to 49 percent; and 5 percent, by a whopping 50 to 74 percent.

Half of the institutions had been hit with fraud complaints that came out of some of the major data breaches, with more than 30 percent saying they had seen fraud incidents as a result of the TJX hack, and 30 percent out of the Heartland Payment Systems hack.

No related posts.

Category: Breach IncidentsFinancial Sector

Post navigation

← Pointer: European Parliament Adopts Position on Data Breach Notification Requirement for Telecoms and ISPs
Woman Finds Credit Card Statements Unprotected Online →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Multiple lawsuits filed against Doyon Ltd over April 2024 data breach and late notification
  • Chinese hackers suspected in breach of powerful DC law firm
  • Qilin Emerged as The Most Active Group, Exploiting Unpatched Fortinet Vulnerabilities
  • CISA tags Citrix Bleed 2 as exploited, gives agencies a day to patch
  • McDonald’s McHire leak involving ‘123456’ admin password exposes 64 million applicant chat records
  • Qilin claims attack on Accu Reference Medical Laboratory. It wasn’t the lab’s first data breach.
  • Louis Vuitton hit by data breach in Türkiye, over 140,000 users exposed; UK customers also affected (1)
  • Infosys McCamish Systems Enters Consent Order with Vermont DFR Over Cyber Incident
  • Obligations under Canada’s data breach notification law
  • German court offers EUR 5000 compensation for data breaches caused by Meta

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Trump Border Czar Boasts ICE Can ‘Briefly Detain’ People Based On ‘Physical Appearance’
  • DeleteMyInfo Wins 2025 Digital Privacy Excellence Award from Internet Safety Council
  • TikTok Loses First Appeal Against £12.7M ICO Fine, Faces Second Investigation by DPC
  • German court offers EUR 5000 compensation for data breaches caused by Meta
  • How to Build on Washington’s “My Health, My Data” Act
  • Department of Justice Subpoenas Doctors and Clinics Involved in Performing Transgender Medical Procedures on Children
  • Google Settles Privacy Class Action Over Period Tracking App

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.