How Smart Cards Work
	Smart cards are electronic devices with a striking resemblance to credit cards, although with a broader range of applications and higher security levels. Typical credit cards are basically all plastic. On credit cards information is stored on a magnetic strip similar to that of the magnetic tape inside audio cassettes, which makes the read/write operations relatively simple. The disadvantage of typical credit cards is that most of the info ... [read more >>]
	30 May 2008, 08:41GMT | (c) 2008 Softpedia

Bavarian Teenage Hackers Arrested
	A group of eleven hackers were arrested by the German police as part of an investigation carried out by the local authorities over an Internet forum relying on hacking techniques. According to The Local, the forum had approximately 33,000 members, most of the topics being related to hacking activities, some of them even concerning credit c ... [read more >>]
	08 May 2008, 04:11GMT | (c) 2008 Softpedia

Online Supermarkets Sell Stolen Credit Cards
	Today's malicious activities are most intended to steal people's information, no matter if we're talking about names, addresses, social security numbers or credit card details. Although most victims would be tempted to believe that hackers steal these details in order to compromise their computers and accounts, it seems like a different goal has reached the web: attacker set up online "supermarkets" in or ... [read more >>]
	24 April 2008, 05:10GMT | (c) 2008 Softpedia

Former Pastor Steals Money from Church Members
	We've seen lots of ID thefts and credit card scams but when they're conducted by a former pastor who's here to represent God, that’s pretty shocking news. A recent report by Associated Press reveals that Rev. Raymond Clayton from Northumberland County has pleaded guilty to charges of using parishioners' details to obtain money. The 43-year-old pastor is now waiting for his sentence, scheduled for June, which m ... [read more >>]
	02 April 2008, 08:16GMT | (c) 2008 Softpedia

Underground Website Trading Stolen Credit Cards Discovered
	Stealing credit cards and selling them on the web is almost a phenomenon these days as there are several ways to find such a ‘merchant’. However, one of the most popular methods to sell stolen information was actually a website, apparently hosted by Google’s Blogger, which gained impressive popularity in the last few weeks. According to Vnunet, security firm Finjan spotted the website some time ago and revealed some important det ... [read more >>]
	26 March 2008, 17:56GMT | (c) 2008 Softpedia

4.2 Million Credit Card Details Lost
	This is something even the United States’ Secret Service is looking into, so it must be really big. But, like I said in the subtitle, it’s only half bad, as the information lost only included the supermarket responsible’s customers credit and debit card numbers, and not the corresponding names and addresses. Nevertheless, that will not stop a persistent hacker from working his magic and getting away with it. There have been a ... [read more >>]
	19 March 2008, 16:21GMT | (c) 2008 Softpedia

Credit Card Magnetic Strips Hacked!
	Every credit card has personally identifiable information inserted into the magnetic strip on the back, but hacking it so far proved a task too difficult for most malevolent figures to even attempt. RFID security guru Adam Laurie has come up with a test program named CHaP.py, specifically designed to read the chip and PIN credit cards that comply with the EMV standard. The EMV is a standard for interoperation of IC cards (&quo ... [read more >>]
	21 February 2008, 09:57GMT | (c) 2008 Softpedia

Biggest-ever Spanish Probe into Internet Fraud
	Internet crime is very alluring because it is fairly easy to commit and it doesn’t take the mastermind planning required to rob a bank. It’s mostly a routine job of going through credit card numbers and transacting from others’ accounts into their favor or promising items that you don’t have and then disappearing into the blue with the money. It’s not really that easy, but it’s got no kicks to it other than the law kicking your b ... [read more >>]
	11 February 2008, 06:50GMT | (c) 2008 Softpedia

1G iMac Dazzles Danish Police
	Hilarious is too soft of a term to describe this Danish police investigation of a stolen credit card. Danish police investigators had a contradictory chat with the author's roommate, regarding stuff like why she could read his November emails since the 1G iMac ... [read more >>]
	07 February 2008, 05:38GMT | (c) 2008 Softpedia

Colombian Credit Card Fraudster Pleads Guilty
	Mario Simbaqueba Bonilla, a 40-year-old man from Colombia, has pleaded guilty to a 16-count indictment involving a complex computer fraud scheme, victimizing over 600 people, the US Department of Justice announced in a news release. The Colombian citizen managed to steal money from victims' bank accounts and bought all kinds of luxury goods and electronics. Simbaqueba Bonilla was arrested by the federal agents in August 2007 ... [read more >>]
	11 January 2008, 15:06GMT | (c) 2008 Softpedia

Hundreds of Stolen Credit Cards Published on a Google Hosted Page
	Ever thought that a popular service hosted by a huge company, such as Google, can turn into one of the most dangerous websites on the web, for hundreds of people? Maybe not, but today, it has been proved that such a thing can happen in a matter of seconds and can have some serious consequences for all the ones involved in it. The folks at KOAA.com today reported that a new Blogger account, hosting hundreds of stolen credit card accounts, h ... [read more >>]
	10 January 2008, 15:06GMT | (c) 2008 Softpedia

Valid Credit Cards Leaked On Web
	Credit cards reached the web. The folks at SpywareGuide wrote that details about approximately 150 credit cards were published on a Warez forum along with all the information a fraudster would need to use the money. The weird aspect of the leakage was that the credit cards were posted by an unexperienced carder, as he posted all sorts of details about him. "The big giveaway is that he happily posted all this information with ... [read more >>]
	10 December 2007, 04:21GMT | (c) 2008 Softpedia

Inexistent Company Stealing User's Money
	A woman living in Ohio discovered that a company was stealing money from her account, although nobody had ever informed her about this matter. According to CentralOhio, a company named Fabri-tex took $6,95 from her account, even if the woman didn't know about this. It wouldn't be such a major problem, but according to the same source, the attackers aimed to take small amounts of money, in order to see if the victim bloc ... [read more >>]
	06 December 2007, 09:45GMT | (c) 2008 Softpedia

Credit Cards Didn't Use Pirated Nude Models
	This is the second dismissed lawsuit of the day, after a court has decided to put the case between LimeWire and several label companies out of judicial consideration. If the first lawsuit was dismissed because LimeWire didn't manage to prove that the label companies harmed the company, the Supreme Court said the two credit card companies were protected by "the Digital Millenium Copyright Act and the Communications Decen ... [read more >>]
	04 December 2007, 04:45GMT | (c) 2008 Softpedia

How About Buying 30,000 Credit Cards for 1 Pound Each?
	A few weeks ago, a security researcher managed to prove us that a huge number of credit cards could be bought online at very low prices. And today, The Times confirms this issue, as the publication has managed to access numerous samples of stolen data, supposed to convince the users to buy a bigger pack of det ... [read more >>]
	03 December 2007, 03:40GMT | (c) 2008 Softpedia

Cheap Stolen Credit Cards Available on Web
	The credit cards represent the easiest way to access your bank account and manage your funds. Because they are usually related to important amounts of money, attackers from all over the world attempted to conduct credit card fraud to steal them and obviously obtain the owner's credentials. This way, they could easily get the money deposited in the accounts. From now on, it's only up to your imagination. But what happens ... [read more >>]
	23 November 2007, 14:26GMT | (c) 2008 Softpedia

Would You Disclose Your Credit Card Info For A Chocolate Bar?
	Since the credit cards contain so much information about your money, an important part of today's attacks are obviously targeting them as the hackers aim to steal users' credentials and get access to their accounts. Gunter Ollmann of Frequency X wrote that along with credit cards and identity info, the passwords are the subjects of numerous online transactions being sold for very low prices. Moreover, the security researcher remi ... [read more >>]
	23 November 2007, 03:02GMT | (c) 2008 Softpedia

How to Get $4 Million and 6 Years in Jail
	A US court accused no less than 17 persons of identity theft, credit card fraud and other illegal activities conducted and promoted with the help of the Internet, Reuters reported today. According to the same source, a corporation is also involved in the case. It appears that the fraudsters obtained no less than $4 million using approximately 95,000 stolen credit card numbers but the prosecutors managed to end the case after a 2- ... [read more >>]
	09 November 2007, 03:08GMT | (c) 2008 Softpedia

iPhone Sales Limited to 2 Per Credit Card, No Cash Allowed
	Want an iPhone? Ditch the cash and get yourself a credit card. Apple has just decided that they will sell their first handset only through this payment solution, while also keeping the two devices per purchase limit, in order to prevent unlocking for second sales. Apple just mar ... [read more >>]
	29 October 2007, 04:37GMT | (c) 2008 Softpedia

Just Say "Wow"! Payment Credit Card and Authentication in One Device?
	Meet the A generation credit card. It looks futuristic enough to make me think of "Sliders". But, besides that, the device incorporates a 12-button keyboard, has a built-in tiny microprocessor and reveals an embedded ATM-like alphanumeric display. In addition, it promises to provide unprecedented security in phone and online banking transactions. Designed just like a standard payment card, the Credit Card Embedded Au ... [read more >>]
	25 October 2007, 03:02GMT | (c) 2008 Softpedia

MyGate's New Online Payment Service
	MyGate, a South African payment gateway service, has created a service that lets e-commerce merchants using Linux to access credit card security services that were initially developed for Windows. MasterCard SecureCode and Visa 3D Secure reduce the risk of credit card fraud. They require software to be installed on the client's operatin ... [read more >>]
	27 September 2007, 08:50GMT | (c) 2008 Softpedia

Natalie From Facebook: Sexy Body, Cruel Intentions
	Gaith Taha from the security company McAfee revealed another technique used nowadays to steal credit card information from the naive users. First of all, you should know that it concerns Facebook, one of the most popular social websites in our days. Using this webpage, a user called Natalie sent private messages on Facebook, requiring users to add her as friend on Windows Live Messenger. "After spending a couple of minutes i ... [read more >>]
	26 July 2007, 06:29GMT | (c) 2008 Softpedia

Credit Card Fraudsters: the Beginning of the End!
	The U.S. Secret Service managed to arrest 4 persons involved in a dangerous criminal gang from Florida that stole no less than 200.000 credit cards. It seems like they obtained approximately $75 million from the credit card frauds but they quickly redirected the money to other destinations as the investigators discovered only $10.000 in cash and a handgun. According to PC World, the four members were an important part of a huge g ... [read more >>]
	10 July 2007, 10:57GMT | (c) 2008 Softpedia

Credit Card Fraudsters Steal and Donate the Money
	A new technique to steal credit cards and remain unidentified is spreading on the Internet, numerous attackers preferring to donate money to charity in order to verify the validity of the cards. This is quite an interesting method to avoid identification because the banks and the authorities are often ignoring the charity donations so it's a little bit more difficult to block a certain card for unauthorized use. According to ... [read more >>]
	09 July 2007, 09:12GMT | (c) 2008 Softpedia

Visa and Wells Fargo Bring Out the Credit Card Inside Your Cell
	Consumer mobile payments and services will be tested in the near future by means of an extensive mobile pilot program from Visa USA. The results will help the company better understand the way in which people use their mobile phones and how that can be matched with payment ... [read more >>]
	28 June 2007, 03:36GMT | (c) 2008 Softpedia

European Hackers Sent to Jail
	Five people from the Eastern Europe were sentenced to jail after they were found guilty for the largest UK credit card fraud. The gang was led by Roman Zyking, a Russian immigrant who received no more than five and a half years in prison while his wife was sentenced to six months in jail. According to Viruslist, the five people managed to steal 17 million pounds using credit card accounts, most of them being registered in the US. It seems ... [read more >>]
	14 May 2007, 09:16GMT | (c) 2008 Softpedia