Yesterday on www.lightbluetouchpaper.org. Online transactions with credit cards or debit cards are increasingly verified using the 3D Secure system, which is branded as “Verified by VISA” and “MasterCard SecureCode”. This is now the most widely-used single sign-on scheme ever, with over 200 million cardholders registered. It’s getting hard to shop online without being forced to [...]

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Hackers have stolen the login credentials for more than 8,300 customers of small New York bank after breaching its security and accessing a server that hosted its online banking system. The intrusion at Suffolk County National Bank happened over a six-day period that started on November 18, according to a release (PDF) issued Monday. It [...]

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The US Attorneys Office has indicted a group of East Europeans who used cloned debit cards to withdraw $9 million from bank accounts around the world within just a few hours in November of 2008. The data required to create the cards was obtained from an earlier attack on financial services provider RBS WorldPay, which [...]

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