Kanata IT - News

August 3, 2009, Almost 600,000 Affected by Network Solutions Data Breach: Web hosting company Network Solutions revealed Friday that unauthorized code was used to transfer the credit and debit card information from the e-commerce websites of 4,343 of its merchant clients to servers outside the company...

May 21, 2009, No hard cap on rates in Tories' new credit card rules: ... Although they welcomed certain aspects of the proposed legislation, Liberals were quick to note that the regulations do nothing to offer retailers relief from rising interchange fees — fees merchants pay to the financial firms that operate customer cards every time a transaction is made. In some cases, such fees have nearly doubled in the last two years, Liberal MP and consumer affairs critic Dan McTeague noted ...
March 26, 2009, PCI Compliance: Frequently Asked Questions: Payment card industry compliance is confusing for many ecommerce merchants. But it potentially affects every merchant that accepts credit card payments. Failure to understand the PCI compliance standards could result in higher merchant account fees and fines from the credit card issuers ...


March 16, 2009, Feedback: In Defense Of The PCI Data Security Standard: InformationWeek has been one of the many tough critics of the PCI Data Security Standard. Andrew Conry-Murray has blogged that PCI's main goal is to cover the butts of the credit card brands. Here's Visa's response: ...
January 22, 2009, 100 million cards potentially compromised in Heartland breach: Heartland Payment Systems, which is among the largest payment processors in the world - has been hit with a data breach that may go down as the largest ever involving payment data. At risk of compromise are more than 100 million credit and debit cards ...


January, 2009, The Opportunity for Banks in Alternative Payments: Overview: This white paper, co-authored by SunTrust Bank and Moneta executives, provides a banker's perspective and market analysis of the alternative payments marketplace, projected to reach 30% of all online payments by 2012 ...

June 17, 2008, Mobile Payments: 71 Percent of Consumers Say "No Way" to Online Shopping, Banking via Mobile Devices: Less than ten percent of respondents to a Unisys survey say they've used a mobile device for online banking or commerce. One big problem: Smartphone users don't trust telecomm companies ...

April 4, 2008, Fewer complaints of fraud, but losses up: In 2006, 207,492 complaints of online fraud were received by the FBI’s Crime Complaint Centre (IC3). That figure dropped to 207,000 in 2007 but the amount swindled rose ...
March 31, 2008, Online Fraud Liability Coverage a Mystery to 68% of Shoppers: Fraud protection and security are important for online shoppers. But 68 percent of those that use a credit card don't know how much they would be liable for if their card or data were stolen, according to an eBillme report conducted by JupiterResearch, writes MarketingCharts.
March 21, 2008, Stolen mail leads to online fraud: A Tempe woman was arrested this week after Chandler police linked her to stolen mail used to create an account that was then used to purchase items from Wal-Mart online.
March 18, 2008, Data thieves stole 4.2 Million Credit and Debit Card Numbers: Data thieves made quite a haul to the tune of 4.2 million credit and debit card numbers several weeks ago when they gained access to the computers of the supermarket chain Hannaford Brothers and Sweetbay.
December 10, 2007, 2007 set to smash online fraud records: Although the peak shopping days for this year are still ahead, 2007 is poised to set records with online sales set to top $30bn for the season. Experts are also warning that fraud rates, expected to increase by 20 per cent, are also on track for record highs.
December 4, 2007, Fraud an 'internet problem, not an eBay problem,' spokeswoman says: EBay is not responsible for criminals who abuse its online auction service, said a company spokeswoman after CBC News reported on a Calgary man who lost $20,000 on an eBay transaction.

November 9, 2007, "Botmaster" Admits Infecting 250,000 Computers: A Los Angeles man on Friday admitted infecting 250,000 computers and stealing the identities of thousands of people by wiretapping their communications and accessing their bank accounts.
October 11, 2007, David U. Haltinner Pleads Guilty For Selling Approximately 637,000 Stolen Credit Card Numbers: Ed Yarbrough, U.S. Attorney for the Middle District of Tennessee and Sarah Beth Pulliam, Special Agent in Charge of the United States Secret Service Nashville Field Office, announced today that David U. Haltinner, 25, of Menasha, Wisconsin pled guilty in federal court to a criminal information charging him with two counts of trafficking in stolen credit card numbers and one count of aggravated identity theft.
March 24, 2007, Canadian card info stolen for fraud: Police: Florida police say "several" Canadians were among the victims of a credit card scam worth as much as $8 million (U.S.) that involved the U.S. parent of T.J. Maxx and Marshall stores south of the border and Winners and HomeSense stores in Canada.
February 19, 2007, Stop & Shop reports credit data was stolen: With help from US Secret Service agents, Stop & Shop Supermarket Cos. executives scrambled yesterday to determine how many consumers may have had their credit and debit card data stolen by high-tech thieves who apparently broke into checkout-line card readers and planted the equivalent of bugs to steal information.
January 19, 2007, Credit card information stolen from Winners: Credit card information from some Canadians who have shopped at Home Sense and Winners stores has been used fraudulently after hackers broke into computers belonging to the parent U.S.-based discount chain company.
January 27, 2006, Credit card numbers stolen off state Web site: Thousands of credit card numbers were stolen from a state government Web site that allows residents to register their cars and buy state permits, authorities said Friday.
January 11, 2006, Data for 55,000 customers stolen from Bahamas hotel: Travelers who stayed at the upmarket Atlantis Resort in the Bahamas should keep a close eye on their bank statements in the months ahead. The hotel has acknowledged an apparent database break-in in which personal information for 55,000 guests may have been stolen, including credit card and bank account numbers.