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Match Group (MTCH) to Post Q2 Earnings: What’s in the Cards? – July 31, 2020 | #tinder | #pof | romancescams | #scams

Match Group, Inc. (MTCH – Free Report) is slated to report second-quarter 2020 results on Aug 4. Due to COVID-19 related uncertainties prevailing in the market, the company hasn’t provided […] View full post on National Cyber Security

#cyberfraud | #cybercriminals | White-Hat Hacker Swipes 26M Stolen Credit Cards

Source: National Cyber Security – Produced By Gregory Evans

Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday (Oct. 15).

The hacked records were lifted from online portals as well as brick-and-mortar retailers over the past four years. The hacked info includes almost 8 million records added to BriansClub in 2019 alone.

KrebsOnSecurity was contacted in September by someone who said he had a “full database of cards” that were either currently for sale on BriansClub or had been in the past. The site mimics the website of journalist Brian Kreb.

“All of the card data stolen from BriansClub was shared with multiple sources who work closely with financial institutions to identify and monitor or reissue cards that show up for sale in the cybercrime underground,” the article said.

According to the leaked data, card information for sale on BriansClub showed a steady increase of inventory. In 2015, the website added 1.7 million card records for sale. By 2018, the site added data for 9.2 million cards.

BriansClub mostly offers “dumps” — an unauthorized digital copy of the information contained in the magnetic strip of an active credit card — that hackers use to buy high-ticket merchandise at big box stores.

It’s not clear if any of the 26 million-plus cards for sale at BriansClub are legitimate, but cards with future expiration dates tally over 14 million.

As an average baseline, each stolen credit card is valued at $500 when prosecuting cyber thieves.

Flashpoint, a New York City-based security intelligence firm, did an “extensive analysis of the database” and said stolen card information for sale on BriansClub tallies about $414 million.

Card dumping sites like BriansClub mostly resell cards stolen by other cybercriminals who earn a percentage from each sale.

Card skimmers today are largely invisible to the eye, but many contain wireless Bluetooth technology, making it easy for thieves to wirelessly download the stolen data. These skimmers can also connect to magnetic readers and keypads to swipe authenticating information like PINs and ZIP codes.

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Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. The PYMNTS Next-Gen AP Automation Tracker, is a monthly report that highlights the most recent accounts payable developments and automated solutions that are disrupting how businesses process invoices, track spending and earn rebates on transactions.

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Scammers Are Constructing Fake People to Get Real Credit Cards

Source: National Cyber Security – Produced By Gregory Evans

On a warm day in May, agents from the FBI and the U.S. Postal Inspection Service descended on a leafy neighborhood in South Carolina and raided the home of a DJ suspected of using fake identities to obtain 558 credit cards from Capital One Financial Corp. Outside the house in…

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New Medicare cards a lone bright spot in identity-theft battle

Source: National Cyber Security – Produced By Gregory Evans

Older Americans are especially vulnerable to scams and identity theft, and Medicare is doing something about it. U.S. seniors will start receiving new identification cards next year as part of an effort to protect them from the rising risk of fraud. But that is the only good news surrounding a…

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FICO’s New Fraud Solution Can Detect Compromised Cards Faster

Source: National Cyber Security – Produced By Gregory Evans

FICO’s New Fraud Solution Can Detect Compromised Cards Faster

FICO has announced the launch of FICO Card Compromise Manager, an anti-fraud solution that proactively detects and prioritizes compromised merchants and data breaches or theft involving card data. According to a press release publicizing the news, Card Compromise Manager detects card present, card not present and ATM fraud faster than…

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Thieves use hacked credit cards to buy cigarettes worth more than $1M

Thieves use hacked credit cards to buy cigarettes worth more than $1MSource: National Cyber Security – Produced By Gregory Evans Seven people are going to federal prison for using stolen credit card numbers and counterfeit gift cards to buy more than $1 million in cigarettes in North Carolina. The defendants then sold those cigarettes on the black market, completing a scheme that began with stolen credit […] View full post on AmIHackerProof.com | Can You Be Hacked?

Online businesses that handle credit cards have no internet security

Source: National Cyber Security – Produced By Gregory Evans Tens of thousands of online businesses in the UK who handle credit card details have no internet security measures, new research reveals A survey by 123 Reg, the UK’s largest website provider, has found that 10% of e-commerce websites have … The post Online businesses that […]

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Hacking Of 3.2 Million Debit Cards Last Year Was Caused By Security Flaw In Hitachi’s Systems

Source: National Cyber Security – Produced By Gregory Evans

Hacking Of 3.2 Million Debit Cards Last Year Was Caused By Security Flaw In Hitachi’s Systems

Hitachi Payments Services has accepted its systems were compromised by a sophisticated malware in mid-2016, that led to one of the biggest cyber security breaches in the country with 3.2 million cards affected and a scare over security of card-based …

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Many State Report Cards Leave Parents in the Dark About School Achievement – Inside School Research – Education Week

With jargon, “meaningless” tables and missing data, state report cards can be difficult for parents to use, a new report shows.

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Pair plead guilty to fraud had more than 100 gift cards

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Source: National Cyber Security – Produced By Gregory Evans

Pair plead guilty to fraud had more than 100 gift cards

Two men pleaded guilty in federal court on Thursday to stealing 19 account numbers and identity theft more than a year after they were pulled over on Interstate 70 by a Caseyville police officer.
The U.S. Attorney’s Office for the

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