Word: credit-card
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...processing companies are hubs for millions of payment records. It is the juiciest target for an individual who wants account numbers. It is a honeypot for identity thieves." CHRIS HOOFNAGLE, senior consul for the Electronic Privacy Information Center in Washington, D.C., on a security breach at a credit-card payment-processing company in Arizona. More than 40 million accounts may have been exposed to fraud...
...Number of people HSBC bank notified last week that their credit-card data may have been stolen after shopping with a MasterCard at Polo Ralph Lauren
Prepare to take a closer look at your credit-card bills: Chase, Citibank, and other card issuers are raising minimum payments from 2% to as much as 5% of outstanding balances. The rates will take effect by fall. --By Jeremy Caplan
...listed under "equipment and tools" was spent on silk plants and decorative artwork. And in addition to outfitting the building's four kitchenettes with swanky Sub-Zero refrigerators, the report cites 58 cases in which the project manager allegedly circumvented government spending rules by splitting credit-card transactions so that each would come in under a limit of $2,500. None of the officials accused are still with the agency...
While the Net is still not entirely ready for business, the pieces are falling into place. A system that will enable merchants to take credit-card numbers over the Internet and verify their customers' signatures, for instance, is expected to be up and running before the end of the year. Right now the hot product is a program called Mosaic, which gives the Internet what the Macintosh gave the personal computer: a navigation system that can be understood at a glance by anybody who can point and click a mouse. Hundreds of companies are using Mosaic to establish an easy...