Credit Card Data Breach at 12 InterContinental Hotels

The credit card data breaches keep coming. This latest attack hit 12 InterContinental Hotels in the US. Reportedly, malware that hid in servers managed to uncover and capture what is known as “track” data – which includes names, card numbers and codes — over a timeframe ranging from Aug. to Dec. 2016. Those cards had been used at food establishments, including …

Identity Theft: One of the Fastest-Growing Financial Frauds

This was the No. 1 complaint reported to the FTC in 2014 and it hasn’t slowed down. The Association of Certified Fraud Examiners, Inc. says, “it is especially concerning because victims not only suffer monetary damages, but their personal reputation and credit may also be impacted. Crooks are hacking into various databases to steal personal information and assume a victim’s …

Internet Money Laundering Is a Huge Problem

It’s costing some people thousands of dollars and even putting some unsuspecting victims behind bars. And you’ll never believe who the latest target audience is…job seekers! According to a recent article, “authorities are finding fraudulent activity is being conducted via popular job site listings.” The story continues, “some launderers even send direct emails to individuals and offer them a job …

BE ON THE LOOKOUT FOR NEW ACCOUNT FRAUD

Are you paying close attention to your credit report? As some security features increase when we talk about credit card fraud, so does a crooks need to find new ways to access your identity and finances. The time it can take to prove new accounts opened in your name were unauthorized is unbelievable and with the EMV shift in full …

YOUR MOBILE WALLET MAY BE MARKED

Feeling defeated by the added level of security chip-embedded credit cards are supposed to bring to the table…thieves take to tapping funds through mobile wallets to make up for their “lack there of.” Who says when and where pickpocketing can occur? With the chip-embedded credit card becoming widely circulated now here in the U.S., Apple Pay, Google Wallet, Samsung Pay, …

A NEW ANGLE ON CREDIT CARD SCAMS TARGETS BUSINESS OWNERS

In the midst of a money-laundering scheme, once again business owners are being targeted and mislead by scammers on the prowl. The lengths that these criminals go to using stolen credit cards and a laundry list of excuses is allowing fraudsters to get away with robbery. The way this scam works involves overpayment, a partial refund and an unexpected chargeback …

Beware! An Old Credit Card Scam Resurfaces

An old scam is making a new comeback all in the name of chip-enabled credit cards. According to ‘money-man’ and talk show host Clark Howard, criminals are contacting people via email posing as credit card companies. Once these scammers send you a message it will contain a link that they then ask you to click on to confirm all of …

THE EMV LIABILITY SHIFT BREEDS A NEW SCAM IN ’16

The shift to EMV compliant cards was not going to happen overnight and according to the founder of Scambusters.org, Audri Lanford, this ‘lag time’ is a breeding ground for crooks…”Delays in distributing the new cards … are being exploited by scammers,” says Lanford who also states “The problems are that some card issuers have not yet sent them out to …