Security

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Health Fare For Us All!

“I never met a crisis that I didn’t like.” Rahm Emanuel, White House Chief of Staff
The Great Social Security and Medicare Panic – Time Magazine, May 2009
It is becoming increasingly clear that one can gauge the direction of the Obama White House by the crises of the day.  It’s the old ying and yang, the [...]

2Jun2009 | Minnie Rudolph | 0 comments | Continued
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PCI Compliance Scare Tactics

First off, I must commend on the industry for pushing merchants to a higher standard of care when it comes to security and better practices, but there is a line that has been crossed, and continues to be crossed, when it comes to merchants.
I will be the first to admit, it’s never a bad idea [...]

9Feb2009 | Riley Poole | 4 comments | Continued
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Credit Card Fraud is Out of Control

The challenge with credit card fraud is that as it is typically an interstate fraud, meaning happening from one state to the next, the cost and time to prosecute is typically beyond the crime itself as it would cost more to extradite a person even across country for a crime typically no more than a [...]

18Feb2008 | Riley Poole | 14 comments | Continued
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Honey, My Hard Drive Has Amnesia

Over the years, I’ve been through many, many computers. Certainly, because I have been such an avid internet user, I have come to realize that the bulk of the reasons why I eventually get a new computer is thanks to good old hard drive crashes. I can only imagine how many times I could’ve saved [...]

18Feb2008 | James Blunts | 7 comments | Continued
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Paypal considering Verified by Visa

What happens when you introduce one of the most widely targeted brand names, i.e. Paypal, with yet another highly targeted brand name, i.e. Visa? Can anyone say Chernobyl?
Seems in an effort to combat fraud, Paypal is in the early stages of considering the use of Verified by Visa and MasterCard (NYSE MA) Secure Code to [...]

13Feb2008 | Riley Poole | 14 comments | Continued
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eBay In Talks To Acquire Cybersource?

Frankly, one of the major issues surrounding eBay (NASDAQ EBAY) not including its lacking merchant interest is fraud. While just a rumor, some people suggest that eBay may want to take the plunge and purchase Cybersource (NASDAQ CYBS). As Cybersource would not only give eBay access to the largest risk management service online, it would [...]

12Feb2008 | Riley Poole | 7 comments | Continued
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Google Adwords Chargeback Fraud?

It seems that fraud at Adwords has reached such epidemic proportions that Google (NASDAQ GOOG) has resorted to random calls to verify order activity. While Google would typically take the stance that a small amount of fraud is warranted when you consider the number of Google Adwords advertisers, it appears that this is no longer [...]

11Feb2008 | Riley Poole | 16 comments | Continued
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The Jig is Up, Guys!

Seems that a long kept secret is out. Seems like Wachovia (NYSE WB), Wells Fargo (NYSE WFC) and many other banks have gotten caught with their hands in the cookie jar. While banks have often been once removed from “illegal merchants” it seems regulators have wised up to the practice of looking the other way [...]

8Feb2008 | Riley Poole | 9 comments | Continued
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The Perfect Scam

What happens when you mix credit card fraud and click fraud? You get the perfect scam. It seems fraudsters have been hard at work at milking Google (NASDAQ GOOG) and other PPC networks such as Microsoft AdCenter (NASDAQ MSFT) and Yahoo (NASDAQ YHOO) out of valuable click traffic but what’s most shocking is that these [...]

30Jan2008 | Riley Poole | 10 comments | Continued
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Is PCI A Fool’s Game?

The challenge with PCI certification is simply that it is reactive instead of proactive. Virtually every rule set created is based on some previous bad act to create the ultimate in a false sense of security. The challenge becomes when you mandate that millions of merchants worldwide spend billions of dollars to become “compliant” you [...]

26Jan2008 | Riley Poole | 4 comments | Continued
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