LowCards.com Weekly Credit Card Update–January 24, 2014
Hackers Took Sneaky Path Into Target Customers' Wallets It was, in essence, a cybercriminal's dream. For months, an amorphous group of Eastern European hackers had been poking around the networks of...
View ArticleCard Study Shows Bank of America Tops in Security
Bank of America earned the title of Best in Class for Security in Javelin Strategy and Research's 9th Annual Credit Card Issuers' Identity Score Card. This is the seventh year in a row that the banking...
View ArticleAustralia to Phase out Credit Card Signature Verification
Australia is making an effort to cut down on credit card fraud by phasing out signature verifications. Instead of signing for purchases on credit cards, all buyers will have to enter a personal...
View ArticleAnother Credit Card Scam Rocks Consumers
Yet another credit card scam is taking place, this one where consumers have an unauthorized $9.84 charge appear on their account. The business name on the fraudulent transaction is as an odd-looking...
View ArticleLowCards.com Weekly Credit Card Update–January 31, 2014
Were You Charged $9.84? It Might Be Fraud Be on the lookout for a recent $9.84 charge on your debit or credit card. It might be part of a massive, worldwide scam. Thieves are using stolen payment cards...
View ArticleHotel Company Suffers Data Breach on Credit and Debit Cards
The wave of data breaches causing widespread concern among consumers has now spread to the hotel industry. A hotel franchise management company that manages 168 hotels in 21 states has apparently...
View ArticleLowCards.com Weekly Credit Card Update–February 7, 2014
Hotel Company Investigates Data Breach, Card Fraud White Lodging Services, a hospitality company that manages 168 hotels in 21 states--under franchises from Hilton, Marriott, Sheraton, and Westin—is...
View ArticleWindows Forces ATMs to Upgrade to New Operating System
Most ATMs in America run off Windows XP, which is a 12-year-old operating system rarely seen on computers these days. Windows is now forcing ATM owners to upgrade to Windows 7 because the company will...
View ArticlePayPal President Victim of Credit Card Skimming
PayPal President David Marcus recently tweeted that his credit card information was stolen during a trip to the U.K. The card was supposedly "skimmed" at the hotel where he was staying, and then used...
View ArticleMarijuana Scent Leads Police to Credit Card Thieves
Police officers in Murfreesboro, Tennessee were undergoing a fairly common investigation as they followed the scent of marijuana coming from a Select Inn motel room. But what they found in the motel...
View ArticleLowCards.com Weekly Credit Card Update–March 7, 2014
Another Day, Another Retailer in a Massive Credit Card Breach The corporate hacks keep coming. The latest target, according to cybersecurity blogger Brian Krebs, is the beauty supply chain Sally...
View ArticleCredit Card Fraud Investigation Turns into Pot Bust
The investigation of a counterfeit credit card operation in New Jersey quickly turned into a major pot bust. Police officers in Egg Harbor Township began tracking the case in January when a couple was...
View ArticleLowCards.com Weekly Credit Card Update–March 14, 2014
How Target Blew It Poring over computer logs, Target found FireEye's alerts from November 30 and more from December 2, when hackers installed yet another version of the malware. Not only should those...
View ArticleLowCards.com Weekly Credit Card Update–March 21, 2014
Consumers Not Powerless in Face of Credit Card Fraud Most card companies already have custom alerts and other features that not enough consumers use. Then there's something that all cards should have...
View ArticleLowCards.com Weekly Credit Card Update–March 28, 2014
Why So Many Retail Stores Get Hacked for Credit Card Data When a big retailer gets hacked, it's often quick to note that it has complied with cybersecurity rules set by the credit card industry....
View ArticleBillGuard App Alerts Credit Card Users of Data Breaches
Want to know about a potential credit card breach before the news hits the mainstream media? A new app for Android users may allow you to do just that. It's called BillGuard, and it is designed to...
View ArticleLowCards.com Weekly Credit Card Update–May 23, 2014
Microchips in our Passports and Credit Cards: Are They Safe? U.S. passports have them. And these days, many more U.S. credit cards are starting to carry them, too. The tiny plastic chips embedded in...
View ArticleMan Admits Role in $200 Million International Credit Card Fraud
A man from New York has officially confessed to his role in a $200 million credit card scandal that spread over several continents. Khawaja Ikram pled guilty in court to conspiracy to commit bank...
View ArticleTeen Steals Credit Card to Rent $12 Million Vacation Home
A 19-year-old in California was charged with credit card fraud last week after he used a stolen card to rent a $12 million vacation home for $27,000. The teen also spent $13,000 renting a 2012 McLaren...
View ArticleWho Pays For Fraudulent Credit Card Transactions?
Credit card fraud is an issue that affects a number of different parties. Credit cardholders, banks, merchants and the scammer are all involved in a process that can take weeks or even months to fully...
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