Tag Archives: Credit Cards

Hacked vs. Hackers: Game On

by Nicole Perlroth, The New York Times

The impact on consumers has been vast. Last year, over 552 million people had their identities stolen, according to Symantec, and nearly 25,000 Americans had sensitive health information compromised — every day — according to the Department of Health and Human Services. Over half of Americans, including President Obama, had to have their credit cards replaced at least once because of a breach … . But if there is a silver lining to the current predicament … security experts say it is that computer security, long an afterthought, has been forced into the national consciousness. Read More ›

Protect Yourself While Shopping on Black Friday, and Beyond

by Ann Carrns, The New York Times

Over the past year, so many data breaches at retail chains and restaurants have come to light that it’s hard to keep track. So what does that mean for shoppers, as the holiday season gets underway? Although it’s unnerving to have any sort of card information stolen – whether by hackers or through an old-fashioned pilfered wallet – consumer and security experts say the fallout may be less damaging if shoppers avoid debit cards and use credit cards instead. Read More ›

Do You Ever Shop Anywhere? Congratulations: Your Data Will Be Hacked

by Kate Cox, Consumerist

The annual Verizon Data Breach Investigations Report finds that the vast majority of attacks, hacks, and breaches are motivated by plain old financial gain. Security expert Brian Krebs — the man who discovered and broke the news about both the Target and Home Depot hacks, among others — has delved into the markets where stolen card numbers are resold. When the cards stolen from Target were new, he found, they went for between $26.60 and $44.80 each. By February, prices were as low as $8 because the card numbers were less likely still to be valid. Read More ›

Home Depot Says 56 Million Credit/Debit Cards Compromised in Breach

by Chris Morran, Consumerist

The world’s largest home improvement retailer has finally given some idea about the number of accounts that may have been compromised between April and September: approximately 56 million. The Target breach in 2013 resulted in the theft of information of more than 100 million customers. Journalist Brian Krebs reports today that it looks like the Home Depot breach may have been confined to self-service checkout terminals at around 1,700 U.S. stores. Home Depot restated its previous claim that it doesn’t look like PIN information was stolen for debit card users. Read More ›

SB 383: Battle For Privacy In Online Purchases Falters After 2-Year Fight

credit card and computer keyboard

CFC sponsored the bill to restore privacy protections, permitting online businesses to collect only a customer’s zip code and other limited information necessary to combat fraud or identity theft. Apple is leading the opposition; several industry lobbying organizations lined up against the bill. Senator Jackson plans to take up SB 383 for a Senate Floor vote in January 2014. Read More ›

Bill would restore online privacy

by Richard Holober, Los Angeles Daily News guest commentary

CFC Executive Director Richard Holober: “Next week California lawmakers decide whether to protect your privacy when you purchase downloads. Senate Bill 383 would restore privacy rules that a sharply divided state Supreme Court eliminated in a 2013 case involving Apple’s iTunes. Consumer groups support the bill. Tech companies are working furiously to defeat it.” Read More ›

Should consumers trust data brokers to protect their information?

by David Lazarus, Los Angeles Times

The Federal Trade Commission laid out its case last week in a 110-page report on why data brokers should be dragged forcibly into the sunlight. “You may not know them, but data brokers know you,” said FTC Chairwoman Edith Ramirez. “They know where you live, what you buy, your income, your ethnicity, how old your kids are, your health conditions and your interests and hobbies.” Read More ›

AB 844: Trojan Horse that would have destroyed credit card privacy protections

The bill was hijacked by retail industry lobbyists and amendments turned AB 844 into a vehicle to eliminate privacy protections for credit card transactions at brick-and-mortar businesses. The author held the bill until 2014, and has reaffirmed his commitment to work with us to restore it as a pro-privacy bill.

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