Tag Archives: credit card fraud

[Video] How to Hack a Credit Card in 6 Seconds, Experts Reveal

As India attempts an upgrade to a cashless society, cyber security experts have raised serious concerns and revealed how to find credit card information – including expiration dates and CVV numbers – in just 6 Seconds.

And what’s more interesting? The hack uses nothing more than guesswork by querying multiple e-commerce sites.

In a new research paper entitled “Does The Online Card Payment

Russian Lawmaker's Son Convicted of Stealing 2.9 Million Credit Card Numbers

The son of a prominent Russian lawmaker has been found guilty in the United States of running a hacking scheme that stole and sold 2.9 million US credit card numbers using Point-of-Sale (POS) malware, costing financial institutions more than $169 Million.

Roman Seleznev, 32, the son of Russian Parliament member Valery Seleznev, was arrested in 2014 while attempting to board a flight in the

This ATM Hack Allows Crooks to Steal Money From Chip-and-Pin Cards

Forget about security! It turns out that the Chip-and-PIN cards are just as easy to clone as magnetic stripe cards.

It took researchers just a simple chip and pin hack to withdraw up to $50,000 in cash from an ATM in America in under 15 minutes.

We have been told that EMV (Europay, MasterCard and Visa) chip-equipped cards provides an extra layer of security which makes these cards more secure

Fraudsters Stole ¥1.4 Billion from 1,400 Japanese ATMs in Just 3 Hours

In an era where major data hacks are on the rise, it is no surprise breaches on individuals are also up.

In just three hours, over 100 criminals managed to steal ¥1.4 Billion (approx. US$12.7 Million) from around 1,400 ATMs placed in small convenience stores across Japan.

The heist took place on May 15, between 5:00 am and 8:00 am, and looked like a coordinated attack by an international

Ukrainian Hacker Admits Stealing Corporate Press Releases for $30 Million Profit

A 28-year-old Ukrainian hacker has pleaded guilty in the United States to stealing unpublished news releases and using that non-public information in illegal trading to generate more than $30 Million (£20.8 Million) in illicit profits.

Vadym Iermolovych, 28, admitted Monday that he worked with two other Ukrainian hackers to hack into computer networks at PR Newswire, Marketwired and Business

Hacker arrested for ATM Skimming escaped from Prison

A Romanian card skimmer arrested for being part of an international cybercrime group that used malware to plunder US$217,000 from ATMs has escaped from a Bucharest prison on Sunday morning (6th March).

Renato Marius Tulli, 34, was being held at Police Precinct 19 in Bucharest, the capital of Romania, after being arrested together with 7 other suspects as part of a joint Europol, Eurojust,

Casino Sues Cyber Security Company Over Failure to Stop Hackers

IT security firm Trustwave has been sued by a Las Vegas-based casino operator for conducting an allegedly “woefully inadequate” investigation following a network breach of the casino operator’s system.

Affinity Gaming, an operator of 5 casinos in Nevada and 6 elsewhere in the United States, has questioned Trustwave’s investigation for failing to shut down breach that directly resulted in

Top 8 Cyber Security Tips for Christmas Online Shopping

As the most wonderful time of the year has come – Christmas, it has brought with itself the time of online shopping.

According to National Retail Federation, more than 151 million people shopped in store, but more than 100 Million shopped online during Cyber Monday sales and even why wouldn’t it be so given the vast conveniences of online shopping.

It is quite visible in these days that

6 ways to protect your credit cards this holiday shopping season

Protect your credit cards from theft and fraud with these simple tips.

At this time of the year, your credit cards see a lot of action – online and at the stores. Credit card fraud takes place every day, but in the holiday shopping season you need to be extra diligent to keep cybercooks from getting hold of your cards and card numbers. Here are six easy tips that even the least tech-savvy among us can follow.

Christmas shopping online

Make it tough for cybercrooks to steal your credit card number

Keep a record of your cards

Some people scan their cards and save the copies on their laptop, others write all the numbers down and keep them in a safe place. Whatever method you choose, keep a record of your account numbers, their expiration dates and the phone number to report fraud.

Watch your accounts closely

When online shopping, it’s safer to use a credit card than a debit card. Credit cards come with consumer protections against fraud that debit cards do not have. Check your account regularly during the season for any strange charges and report the activity as soon as you can. Many companies have toll-free numbers and 24 hour service if you lose your card.

Another good practice is to use a single credit card for your online purchases. It’s easier to manage the account, as well as your holiday gift spending budget, without lots of other miscellaneous charges cluttering the statement.

Don’t use a public computer for shopping

Many web sites use cookies to save information that you input. On a public computer, you could accidentally leave your information accessible to the next user. Hackers could also install keylogger software that records your keystrokes, giving them access to usernames, passwords, and card numbers.

Avoid free Wi-Fi hotspots

It’s tempting to use a store’s free Wi-Fi to do price comparisons when you are out shopping. But you risk losing your personal information to hackers if you log on to an unprotected Wi-Fi. Our Avast research team recently set up some fake Wi-Fi hotspots to see how many people would connect and what kind of information they could collect. In only 7 hours, 264 people connected to the fake Wi-Fi network end generated 512,000 data packets. It’s just too easy for a hacker to have access to your data.

You can safely use a public Wi-Fi hotspot if you first connect to a VPN (Virtual Private Network). Avast SecureLine VPN is an easy way to hide all your online activities from prying eyes. You simply launch the VPN and it will connect to a nearby server and encrypt all data flowing in or out making it invisible to anyone outside.

Beware of phishing attempts

Email phishing attacks increase during the holiday season. Sophisticated cybercrooks design their emails to look like they come from legitimate companies. For example, you may receive a fake email from an online retailer or a shipping company such as UPS, DHL, or FedEx alerting you that your order did not process or cannot be delivered. A typical scenario is that they ask you to follow a link to a website where you can re enter your credit card information.

Do not click links in emails. You run the risk of malware infection, or voluntarily giving your card number to a crook. Instead, go directly to the website or call their customer service department.

Make sure the shopping site is trustworthy

Well known websites like Amazon or or large retailers are most likely safe. But the small, unknown websites could be riskier.

If you use Avast SafePrice extension in your browser, then you can trust the safety and integrity of the online shop, as well as getting the lowest price. Learn more about the extension in Can shopping extensions help you find the best prices?


 

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