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Tae
** REMEMBERED **
Joined: 27 Apr 2004
Posts: 507
Location: Austria
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Posted:
Fri Mar 30, 2007 6:49 am |
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You can read the article here
This is huge |
_________________ x3
"DO YOU LOVE ME?IF YES THEN CALL ME LETS MAKE LOVE ON THE PHONE." DR.CLIFFORD ANDERSON
Kill a bank a day! |
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kleindoofy
*** BANNED ***
Joined: 24 Oct 2004
Posts: 6248
Location: Europe
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Posted:
Fri Mar 30, 2007 12:29 pm |
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Wow!
Something tells me we're in for lots of computer related surprises in the future. Not just with CCs, but in all areas, financial, non-financial, private, business, government, etc., etc
I wish the people responsible for sensitive or important data would realize what can happen if and when they're compromised. |
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Standard Procedure
Master of Master Baiters
Joined: 21 Nov 2004
Posts: 845
Location: Physically at school, mentally at the Grand Prix
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Posted:
Fri Mar 30, 2007 12:44 pm |
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Wow! There's a lot of CC changes, debit changes, etc, coming along...
45.7 million! |
_________________ Quidquid latine dictum sit, altum viditur. - Anything said in Latin sounds profound
The following statement is true
The above statement is false |
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Rodus
Baiting Guru
Joined: 13 Dec 2006
Posts: 3685
Location: Back under the cold shower
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Posted:
Fri Mar 30, 2007 1:08 pm |
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It's like one of the UK banks who had lots of their clients account details on an unsecured laptop that then got stolen. These companies should get done for negligence. |
_________________ I will kiss you romance u,suck and penetrate u - Williams Muyeke
now am as poor as a church rat - Lou1s Mar1on
I AM FINANCIALLY DEAD RIGHT AWAY - Louis in Accra
u can keep sending money to Gomer and leave me alone - Agent Smith cracks up
Lou1s Mar1on - Lagos to Accra (satellite IP) - "so, what i need to do to get out of these place?"
- 18 mths: Louis
The*Catb1ngo Hotel*
*My Church*
x23 |
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zombie
Not quite a Newb
Joined: 26 Mar 2007
Posts: 58
Location: Somewhere over the rainbow.
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Posted:
Fri Mar 30, 2007 1:51 pm |
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Wasn't the same bank later told off for throwing customer account information away without shredding it? You think they would learn after the first mistake.
The report on the news this morning about the TJ Maxx problem said that the data dated back as far as 2003. Thats over 3 years worth of accounts they robbed
Hopefully this will have a knock on effect and cause over large companies to tighten their security. |
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Rodus
Baiting Guru
Joined: 13 Dec 2006
Posts: 3685
Location: Back under the cold shower
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Posted:
Fri Mar 30, 2007 1:53 pm |
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well the bank with the laptop was dunno about the shredding but I could quite believe it. |
_________________ I will kiss you romance u,suck and penetrate u - Williams Muyeke
now am as poor as a church rat - Lou1s Mar1on
I AM FINANCIALLY DEAD RIGHT AWAY - Louis in Accra
u can keep sending money to Gomer and leave me alone - Agent Smith cracks up
Lou1s Mar1on - Lagos to Accra (satellite IP) - "so, what i need to do to get out of these place?"
- 18 mths: Louis
The*Catb1ngo Hotel*
*My Church*
x23 |
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BRUIN
Baiting Guru
Joined: 10 Apr 2006
Posts: 11329
Location: Somewhere over the rainbow
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Posted:
Fri Mar 30, 2007 2:27 pm |
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The question in my mind is why TJX was retaining those credit card numbers, in some cases years after the transaction.
Had they used some reasonable data retention policy, this problem would have been greatly reduced.
Bruin |
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zombie
Not quite a Newb
Joined: 26 Mar 2007
Posts: 58
Location: Somewhere over the rainbow.
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Posted:
Fri Mar 30, 2007 4:17 pm |
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Aren't they required by law to retain all transactional information for 15 years? This is to allow archived accounts to be verified at a later date. |
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Harry Bawls
Elite Baiter
Joined: 19 Oct 2006
Posts: 1310
Location: Somewhere, nowhere, everywhere
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Posted:
Fri Mar 30, 2007 4:39 pm |
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A friend of mine had travelled to Washington DC with me and a group of other people early this week. She tried to get some cash from an ATM and her card was denied. Due to the theft mentioned here, her bank shut down her account. She was in one of the most expensive places in America with no access to cash. Her bank said she had to come to the bank, fill out ANOTHER application, and they would get another card for her. She was not happy....... |
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kleindoofy
*** BANNED ***
Joined: 24 Oct 2004
Posts: 6248
Location: Europe
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Posted:
Fri Mar 30, 2007 4:48 pm |
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HJS
Not quite a Newb
Joined: 14 Mar 2007
Posts: 72
Location: Craggy Island, I've left Marge for Mrs Doyle
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Posted:
Fri Mar 30, 2007 6:19 pm |
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You would not believe how easy this is.
I work for an EPOS company (we do tills and stuff) and we use 3rd party software supplied by the banks for processing credit cards.
All the credit card numbers are stored in a simple SQL database which as we also use an SQL database I can access easily.
If I was so inclined it would take me all of 20 minutes to get every single credit card number used in over 200 stores througout Ireland for the last couple of years.
The banks software is a complete joke and the stupid thing is that they think that Chip & Pin is going to solve everything. Credit card fraud is a multi-million dollar industry and the lads who do it are not going to simply give up because the bank came up with a new idea.
Banks - the less you have to do with them the better |
_________________ Henceforth, i will stop all communications with you. lt was okay knowing you any way. - Mrs Mantu |
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Rodus
Baiting Guru
Joined: 13 Dec 2006
Posts: 3685
Location: Back under the cold shower
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Posted:
Fri Mar 30, 2007 6:44 pm |
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Keep your cash here instead.
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_________________ I will kiss you romance u,suck and penetrate u - Williams Muyeke
now am as poor as a church rat - Lou1s Mar1on
I AM FINANCIALLY DEAD RIGHT AWAY - Louis in Accra
u can keep sending money to Gomer and leave me alone - Agent Smith cracks up
Lou1s Mar1on - Lagos to Accra (satellite IP) - "so, what i need to do to get out of these place?"
- 18 mths: Louis
The*Catb1ngo Hotel*
*My Church*
x23 |
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