If a retailer doesn’t protect your credit card data and it gets stolen, should you be compensated? Not for any unauthorized charges, which are already covered under banks’ zero-liability protection, but for the time lost dealing with the problem, for the anxiety it causes, and for any future credit history/score issues it might cause?
security breaches
Maine's Supreme Court To Decide If Consumers Should Be Compensated For Hannaford Security Breach
By 10.12.09
Doctors Across Tennessee Keep Faxing Patient Records To A Solar Panel Company
By 9.28.09
For three years now, reports The Tennessean, the owner of a solar panel company in Indiana says “confidential medical faxes” have been sent to him by doctors throughout Tennessee. His fax number is apparently very similar to the one for the Tennessee Department of Human Services, but although he’s contacted the errant doctors’ offices, as well as reported it to the DHS and to the state’s governor’s office, they keep coming.
CitiBusiness Strands Customer In The Middle Of The Pacific With No Credit Card
By 4.15.09
Skye is on a boat in the middle of the Pacific Ocean without any way to pay for things, because Citibank canceled his card due to a security breach and didn’t bother to warn him first. What’s worse, they’re making him call repeatedly to try to fix it, which is costing him $3.50/minute because he’s in the middle of an ocean.
Visa Covers Butt By 'Delisting' Breached Credit Card Payment Processors
By 3.18.09
Visa has removed Heartland Payment Systems and RBS WorldPay, the two huge payment processors that suffered recent data breaches, from its list of companies that are in compliance with Payment Card Industry (PCI) rules. It says they can get back on the list when they recertify that they have proper security in place. While this may sound like a significant change in the status of the companies, in reality it does little to change how the three companies do business with each other or with merchants. It’s just a way for Visa to protect itself from any upcoming lawsuits by banks and credit unions against the payment processors.
Here's What The World Of ATM Hacking Looks Like
By 6.26.08
Wired has been covering the ongoing investigation into recurring ATM pin thefts from Citibank accounts, and their latest article tracks how Ukrainian immigrants, a ringleader back in Russia, a hacked company named Fiserv that runs Citibank-branded ATMs in 7-Elevens, and an online payment service that also offers money laundering for a small fee all come together to steal your money. It’s an amazing look at how the U.S. tries to combat the threat of ATM-related theft.
