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Category: Financial Sector

Credit card blunder not the first transaction error

Posted on July 26, 2009 by Dissent

A Carterton resident caught in a BNZ [Bank of New Zealand] privacy breach says his scrupulous home audits have uncovered similar transaction errors and saved him thousands. The man, who declined to be named, triggered a BNZ blunder after a check of their credit card statement in January revealed a $20 transaction source out of…

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Credit industry slow to protect customers from CreditMaster scam

Posted on July 25, 2009 by Dissent

Recent cases in which people have been charged with online fraud for allegedly making purchases with illegally obtained credit card numbers have shed light on the lack of effective measures taken to frustrate the CreditMaster scam used in these incidents, even though the credit card industry was already aware of its existence. The industry is…

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First National Bank closes debit accounts

Posted on July 24, 2009 by Dissent

Another delayed effect of the Heartland breach…. More than two thousand debit card customers of First National Bank of Howell have had their accounts closed down after learning of a security breach. Bank officials tell WHMI that after learning of an information breach at Heartland Payment Systems, a national credit and debit card processing company,…

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Personal info of hundreds dumped as trash in Parker

Posted on July 24, 2009 by Dissent

When residents of a Parker [Colorado] apartment complex first called FOX 31, they were concerned about three boxes of files in a dumpster there that appeared to contain sensitive, personal information. We checked and found out that it was worse than anyone thought. The files were real estate documents that contained credit checks, bank account…

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AmEx employee stole 300 card numbers

Posted on July 23, 2009 by Dissent

One by one, three of the five suspects involved in a major credit card and identity theft scheme were arraigned Wednesday night before Judge Scott Hunter in Canfield. The suspects include the mother-daughter duo of Christine Alkire, 49, and Danielle Lancia, 27, along with 22-year-old Lamar Phenizy, all accused of purchasing approximately $25,000 with more…

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Details of 10,000 MS workers among stolen data

Posted on July 21, 2009 by Dissent

Last week, this site reported on a story from Times Online about the new Lucid Intelligence database of identity details that had been found up for sale by cybercriminals. The database consists of 120 million records on 40 million people worldwide, compiled by identity theft expert Colin Holder and others. Users can conduct a free…

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