Displaying items by tag: Skimming

An established group that steals data through phishing and card-skimming is using new infrastructure and activities to generate revenue, the security firm RiskIQ says, adding that it has named the group Fullz House based on its operations.

Can passive RFID protection wallets that encase your credit cards with metal truly protect your cards from RFID skimming, or is active jamming a better solution?

Merchant EFTPOS payments provider Tyro says the move this year to mandatory PIN codes instead of signatures on credit and debit card purchases will better protect consumers and help stamp out card theft and skimming.

EAST (the European ATM Security Team) has reported a 36% drop in ATM related fraud losses in 2009, with total losses of 312 million Euros reported. Annual losses due to card skimming have fallen for the first time since EAST began reporting in 2004.

It's a brave man who swallows a USB memory stick to "hide the evidence."  But, as George Harrison tells us, "All Things Must Pass."

McAfee's latest "Threats Report" demonstrates that the cops are getting better, but so are the robbers.