By John Robinson, of Cocard Synergy
They’ve nailed some of the ring that stole 45 million cards’ worth of information from TJX Companies. 11 people have been charged, and the ringleader, Albert Gonzalez, could get life in prison. Life.
And in addition to TJX, check out who else Albert’s gang targeted: BJ’s Wholesale Club, OfficeMax, [...]
By John Robinson, of Cocard Synergy
It’s a Pain in the You-Know-What, but Necessary.
PCI seems daunting. I’m sure you’ve heard about it. To start, it’s actually PCI DSS that we’re concerned with, and that stands for Payment Card Industry Data Security Standard. “Data Security Standard” is the key here.
Basically, the idea is to prevent identity theft. [...]
Cybersource which is the company that owns authorize.net has just come out with a report about web based transaction fraud. This is the eighth year they have come out with this report that includes benchmark data by company size and best practices you can use to prevent or reduce fraud.
Go here and fill out [...]
The Association for Financial Professionals reports results from its 2008 AFP Payments Fraud and Control Survey concluding that” “payments fraud continues to challenge treasury and finance professionals, with almost one third of respondents to a new AFP survey reporting that incidents of fraud increased in 2007 compared to 2006.”
To read more click here.
by John Robinson
It’s a terrible thing to have happen. You’ve been alerted by your processor that you have a chargeback to fight. Sheesh. “At least”, you think, “I got all the receipts, signatures, etc. and should still get my money back.” And then you discover the cardholder reported their card stolen the day of the [...]
