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PussyLover 69
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Report from Bangkok Post dated Friday 10 March 2006 :-
Hackers crack PINs, rob foreign banks
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San Francisco - Thieves using stolen PIN numbers and forged bank cards have fraudulently withdrawn money from thousands of US accounts in recent weeks in a new challenge to a part of the personal banking system that had previously been considered relatively secure.
According to a report on MSNBC.com Thursday the thieves have used the method to withdraw cash from automated teller machines around the country. Financial institutions have also noted fraudulent withdrawals from US accounts made in Canada, the United Kingdom and Russia.
Story here:
http://www.msnbc.msn.com/id/11731365/
The FBI is investigating the new wave of fraud which has affected customers from large banks such as Bank of America, Wells Fargo, Washington Mutual and Citibank, as well as smaller financial institutions.
Debit cards which use secret four digit codes are more secure that credit cards which can often be used without any additional layer of security.
Since debit cards can also be used to withdraw cash from machines, they offer a quicker return for thieves than credit cards, which are primarily limited to purchasing goods which thieves must then sell in order to get money.
Investigators believe that the thieves got their hands on the four-digit security codes by hacking in to the computer networks of large retailers who stored the PIN numbers after customers had keyed them in for purchases.
The San Francisco Chronicle reported last month that thieves had stolen details of 20,000 accounts from office supply store OfficeMax, though the company denies it's to blame.
"This is the absolute worst hack that has happened, the biggest scam to date," said Gartner analyst Avivah Litan. "Once the thieves have a cardholder's PIN, they have enough data to create and use counterfeit cards to withdraw cash at ATM machines."
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 6:45 pm on Mar. 9, 2006
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sanook269
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The first thing that comes to mind is WHY are the merchants keeping records of customer's pin numbers. That, in of itself, is a major security violation no matter which way you look at it.
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 12:24 am on Mar. 11, 2006
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