Posts Tagged ‘identity theft’

Too Much Information? Credit Card Numbers Leaked At Blippy

InformationWeek reports that a glitch in the system allowed four credit card numbers to be indexed in a Google search from the social site, Blippy.com, where you can share information about things you’ve purchased.

To both Google’s and Blippy’s credit, both companies have acted quickly to remove the credit card information from public access. However, the card numbers continue to be shared across the internet and those four credit card users remain at high risk for identity theft.

Credit Card Data Theft Group Targeted Retailer Wet Seal

BusinessWeek reports today that Wet Seal, a young adult fashion retailer, was targeted in 2008 by Albert Gonzalez and his credit card theft ring. Albert Gonzales was sentenced to prison on Friday for his part in the ring.

Unlike other retailers, such as Barnes & Noble and Office Max, Wet Seal’s CEO, Ed Thomas affirms that while Mr. Gonzalez’s group did attempt to steal customers’ credit card information, it was completely unsuccessful due to security protocols in place at the time.

Identity Theft Or Bank Robbery? Just Another Way To Pass The Buck.

Whenever your bank account or your credit card gets hacked, they call it identity theft   and they blame you for being reckless with your personal details instead of placing the onus where it belongs: on the bank’s shoddy security systems.

 

 

Recently, PlainsCapital Bank,  sued its customer, Hillary Machinery, Inc. after $800,000 was stolen from Hillary’s account.  The bank was able to recover $600,000 of the stolen money but wants the court to basically absolve it of liability for the remainder by certifying that the bank’s online security systems were “commercially reasonable.”  You can read the details about it here.

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