Posted on 03/31/2012 7:29:24 AM PDT by Mad Dawgg
Four giant card-payment processors and large U.S. banks that issue debit and credit cards were hit by a data-security breach after third-party services provider Global Payments Inc discovered its systems were compromised by unauthorized access.
It was not immediately clear how many cardholders became victims of the breach, which affected MasterCard Inc, Visa Inc, American Express Co and Discover Financial Services, as well as banks and other franchises that issue cards bearing their logos.
U.S. law enforcement authorities including the Secret Service are investigating and MasterCard said it has hired an independent data-security organization to review the incident.
(Excerpt) Read more at foxbusiness.com ...
SOB’S got me in Jan. this year. Fortunately the credit card “Visa” which I got thru. our credit union called me and said they had a red flag on my account. “Did I just pay for a hotel room in Australia for $597.” Hell no! I’m in Virginia. Told them to cancel my account, but they already had a block on it. They sent me some papers to sign, for investigation purposes and ultimately that was the end of it. They send me a new care which I have in tin foil tape in my wallet. So now both wife n I have our wallets sealed in tin foil tape. I rarely ever use a credit card so not sure how they got it in the first place. I would like to choke the s**T out of the culpret.
Comrades, you don’t need any money.. I will watch over it for you..now, go dig potatoes or I’ll take your children..they need to be indictrinated, oh excuse me”properly trained in fairness” which me, what ever I want is fair..awww Jeeeez
I'll bet there is a lot of fraud out there where someone makes a deal with another party out of state or country. All they need to do is share the card info.
A few years ago a women was caught for doing this. I think she was from Texas and the incident took place in Florida. It turned out the person in Florida was a friend and in on the scheme.
The credit card folks know all about this form of fraud and are within their rights to fully investigate.
Death penalty for those who can be caught. That would eliminate domestic thieves. Time to stop playing nice.
Not kidding.
*sigh*
since the thread is full of stories, had my card duped while in philadelphia 6 years ago. only had used it 2 places, thomas jefferson hospital (where the lady had physically taken it out of my sight several minutes) and a hotel where it was in my sight but I didn’t really pay attention.
Wonder how much the lady got paid.
attempted 3k euro charge in italy shortly thereafter.
All it takes is a little RF chip under the skin, and you'll never have to worry about ID theft again.
Yep, they’re on top of it.
This is what happens when you “outsource”
Another time, MC called me to say that there had been a series of small ($1) charges on my card to iTunes. When I said that I didn't use iTunes, they immediately cancelled my card and reissued another. They told me that a lot of people test fraudulent cards by using them for very small purchases, then use them for bigger ones once they know they work.
Overall, I have had good experiences.
“Can’t wait for that “Cashless Society” all the Socialists keep nattering about...”
My thoughts exactly; don’t hold your breath.
“Had ‘em put it back down as I had no need for that much, as well as the risk of something like this happening.”
That helps your credit rating as well to have it lower; having a lot of available credit makes you a bit more of a risk.
They deserve it for supporting the Federal Reserve. /sarc
Thanks Mad Dawgg.
I doubt it was Anonymous, there are plenty of other people out there seeking to steal credit card data.
Its pathetic how poorly some companies care for your data. I’ve had many tell me “well I haven’t had a problem so why would I spend money to fix it”
That guy had no firewall, no encryption, and lots of healthcare and credit card data.
I just had the same experience with AmEx. I tried to order a gift for my grand daughter’s birthday but the transaction would not go through. Before I even got away from the computer, American Express called to see if I was making the transaction and was it legit.
Oh, no, all our account balances have been reset to zero, what are we gonna do?
American Express does that periodically with internet purchases.
Big corporations get to lose our data that they are entrusted with and it ends up as we the customers being responsible for the inconvenience and potential loss of our ID. We the victims are made responsible. They say, yeah we lost your data but you can buy an insurance policy to protect against loss of your ID for only $10 a month.
It would serve society better and result in much more secure transaction and data policies if the corporations were either held totally responsible for our ID protection and loss henceforth, and/or if they were required to pay an assessment for every record lost to the owners of that data - US. They need to be held responsible and not be able to pass the buck to customers.
It might serve us better if our data was held encrypted on our card and it was only in the system during the actual transaction and not actually stored there
Until someone chops off the body part that has the RF chip!
Didn’t Democrat Lyndon LaRouche’s followers bill donations to stolen credit card numbers?
“”All it takes is a little RF chip under the skin, and you’ll never have to worry about ID theft again.”
Until someone chops off the body part that has the RF chip!”
It might be more practical to simply crack & replicate its RF exchange.
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