Articles about Credit

Malware caught checking out credit cards in 54 luxury hotels

Add Starwood – owner of the Sheraton, Westin, W hotel chains – to the ranks of resorts infiltrated by credit card-stealing malware. The luxury hotel chain said on Friday that 54 of its North American locations had been infected with a software nasty that harvested banking card information from payment terminals and cash …
Shaun Nichols, 20 Nov 2015
The fashion world’s most privileged urchin lounges in a luxury hotel in Paris, 1993. © Geoff Wilkinson/RexUSA

Hilton hotels in credit-card-stealing malware infection scare

Someone has hacked the Hilton's sales registers, and made off with guests' credit-card details, it's claimed. The hotel chain confirmed today it is investigating the alleged breach of its computer security. Investigative journo Brian Krebs says malware in point-of-sale (POS) terminals is believed to have nicked the card …
Shaun Nichols, 25 Sep 2015

Union confirms two-day strike over Universal Credit's pisspoor IT

Universal Credit staff will strike for two days next week over "increasingly oppressive" working conditions and unusable IT, the Public and Commercial Services trade union has confirmed, following a vote late week. The union's members voted to down tools at the Glasgow and Bolton centres last week, where more than half (1,500 …
Kat Hall, 13 Jul 2015

Uncle Sam spanks PayPal for credit scheme cockup

Updated PayPal is going to surrender $25m to settle charges it enrolled consumers into its credit platform without their knowledge or consent. The US government's Consumer Financial Protection Bureau (CFPB) alleges the online payment house used its "Bill Me Later" feature to lure consumers into its credit operation illegally. The …
Shaun Nichols, 19 May 2015

Kmart Oz popped but credit cards are safe, really

Kmart Australia has announced a successful breach of its Australian online store. Its breach notice says the compromised data includes customer name, “email address, delivery and billing address, telephone number and product purchase details”. So, although there's plenty of information for someone to take a decent shot at …

Credit card numbers stolen from charity America's Thrift Stores

A malware-driven break-in and breach at the charity America's Thrift Stores may have compromised all sales transactions at the company between 1 September and 27 September, its CEO has admitted. A statement from Kenneth Sobaski claimed that the breach "allowed criminals from Eastern Europe unauthorized access to some payment …

Heartland hack: Russian bloke coughs to role in 160m credit card theft

The US Department of Justice says a Russian national, Vladimir Drinkman, has just coughed to being part of a ring that compromised as many as 160 million credit cards two years ago. Drinkman was one of five people charged in 2013 over the mass breach, in which they breached card security at names like NASDAQ, 7-Eleven, and Dow …

Shuttle bus firm Terravision belatedly adopts https for credit card sales

The pro-privacy 'https everywhere' campaign is gaining traction, but one e-commerce site is only just adopting the long-established technology in order to keep credit card details safe. Airport shuttle bus firm Terravision has just moved to https for online sales following a El Reg reader complaint. Tom W complained to both …
John Leyden, 07 Oct 2015
Hotel scene - suitcase propped up against freshly made bed. Image by Shutterstock

Hilton confirms hotel credit-card-snaffling sales till malware hit

Hilton Worldwide has confirmed that malware found its way onto point-of-sale systems that targeted payment card information. Targeted data included cardholder names, payment card numbers, security codes and expiry dates. Addresses and PINs were not exposed, Hilton concluded, after an investigation that brought in third-party …
John Leyden, 25 Nov 2015

CVS shutters photo website in credit-card hack attack scare

Updated US drugstore* chain CVS has shut down its online photo printing service after it was compromised by hackers, who may have swiped people's bank card details. "We have been made aware that customer credit card information collected by the independent vendor who manages and hosts may have been compromised," CVS …
Iain Thomson, 18 Jul 2015

Jackpot: New hacking group steals 150,000 credit cards from casino

Cyber Defence Summit An un-named Casino with next-to-no security has lost 150,000 credit cards after being raided by a new hacking group. Researchers Emmanuel Jean-Georges and Barry Vengerik of Mandiant and FireEye say the "Fin5" hacking group had last year skipped through the organisation's "flat" IT architecture to raid its open payment systems …
Darren Pauli, 14 Oct 2015

Universal Credit could take 10 YEARS to finish, says Labour MP

The government's disastrous £700m Universal Credit programme could take up to 10 years to complete, Labour MP Stephen Timms informed El Reg on Thursday. "I've been reliably told by someone formerly working on the programme that it will take ten years to complete. Based on the evidence, I have no reason not to believe that time- …
Kat Hall, 13 Mar 2015
Iain Duncan Smith. Pic: Foreign & Commonwealth Office

Unions call for strike action over 'unusable' Universal Credit IT

Trade union members have voted to strike over the deeply troubled Universal Credit IT project, citing an "increasingly oppressive working environment" and "unusable systems". Despite the project having been “re-set” and a new digital system introduced, a spokesman from the PCS trade union said that the systems are still not up …
Kat Hall, 07 Jul 2015

It’s 2015 and we're being told not to send credit cards as cleartext

The payments card industry (PCI) council has reviewed its guidance to encourage businesses to stop slinging credit card data in cleartext by giving the tick to encryption solutions built from different components, rather than products that handle every step of data's journey from merchant to banker. The change is reflected in …
Darren Pauli, 03 Jul 2015
Stock market. Pic: Alberto Carrasco Casado

It's all go for Softcat's £500m IPO, Credit Suisse, Jefferies hired

Tech reselling steamroller Softcat is edging ever closer to flotation on the London Stock Exchange after appointing brokers to manage the process, insiders have told El Chan. The fast growing Marlow-based business, which is expected to be valued at between £400m to £500, has hired Credit Suisse and investment bank Jefferies …
Paul Kunert, 26 Aug 2015
Iain Duncan Smith. Pic: Foreign & Commonwealth Office

Universal Credit white elephant needs 'urgent breakthrough' says MP

Acting shadow work and pensions secretary Stephen Timms MP (Labour) has warned that a "significant breakthrough" is now urgently required for the severely delayed and over-budget Universal Credit system, otherwise it may be time to scrap the project. To many the programme is increasingly resembling a white elephant, with the …
Kat Hall, 30 Jun 2015
SoftLayer's data center

SCC bags universal credit hosting contract

Reseller and IT services outfit SCC has won a two-year hosting deal for the Department for Work and Pensions' (DWP) troubled universal credit programme for a sum worth "over six figures". The deal was awarded through the G-Cloud and is part of the DWP's next "digital service" phase of the programme, which is currently being …
Kat Hall, 27 Feb 2015
Privacy image

Irish credit unions in privacy breach

Irish credit unions are in the midst of a privacy storm, with that country's privacy watchdog accusing some institutions of trafficking in illegally-obtained data. The Office of the Data Protection Commissioner (ODPC) says it's investigating whether some credit unions hired private investigators to obtain confidential data from …
Angry old man

Who uses the Universal Credit system? ALMOST NOBODY, says report

Very little progress has been made on the Department for Work and Pensions' disastrous Universal Credit programme, with just 0.3 per cent of the eligible population using it, the Public Accounts Committee has said. “As the department has justified this spending on the promise of benefits in the future – such as from higher …
Kat Hall, 25 Feb 2015
Scrooge McDuck

Frontier wipes credit of Elite: Dangerous 'billionaire' badboys

Players of the game Elite: Dangerous who were made overnight "billionaires" due to a credit refund glitch will get their "winnings" wiped, the game's maker, Frontier Developments, has said. Initially the company offered the affected "commanders" a choice over whether they kept their loot or had their credit reset in order to …
Kat Hall, 08 Jan 2015
australian credit cards fraud contactless

Credit card cutting flaw could have killed EVERY AD on Twitter

Twitter has patched a flaw in its service that allowed unauthorised users to delete every credit card from all accounts, potentially relieving the company of its advertising revenue, security researcher Ahmed Aboul-Ela says. The attacks worked through a direct object reference vulnerability and involved the manipulation of …
Darren Pauli, 17 Sep 2014
PlayStation Vita

PlayStation Vita owners – Sony owes you $25 cash or $50 credit

Sony and the FTC have agreed on a settlement deal that will include payouts to PlayStation Vita owners. The US watchdog gave final approval to a settlement deal with the US arm of the Japanese electronics giant and its advertising agency Deutsch LA. The deal, first proposed in November will allow users who purchased a …
Shaun Nichols, 01 Apr 2015
Man in an orange jumpsuit clutches prison bars. Image by Shutterstock

Ex-HP top aide in the clink for racking up $1m on company credit cards

A former HP employee was sentenced on Monday to 21 months in prison, after having charged unauthorized personal expenses to her company credit cards to the tune of nearly $1m. According to a statement by the US Attorney's Office, Holli Dawn Coulman, 45, joined HP in 2000 and spent 12 years at the company. During the last four …
Neil McAllister, 25 Aug 2015
The fashion world’s most privileged urchin lounges in a luxury hotel in Paris, 1993. © Geoff Wilkinson/RexUSA

Mandarin Oriental coughs to credit card breach

Upmarket hotel chain Mandarin Oriental has admitted to a credit card breach. Investigative journalist Brian Krebs uncovered evidence of a breach before extracting an admission of the problem from the hotel group. The root cause of the security spill – as well as the number of credit cards exposed – remains unclear, pending the …
John Leyden, 06 Mar 2015

Shoe stores top US credit card EMV-ready leaderboard of fail

Only 27 percent of US merchants and 40 percent of consumers in that country will be ready for the self-imposed EMV (Europay, MasterCard and Visa) chip-card payment deadline Thursday. The cut-off is designed to curb rampant fraud in the country that makes hay of the use of magnetic stripes for credit card payments, far easier …
Darren Pauli, 01 Oct 2015

Car-crash IT: HUGE write-off for Universal Credit - PAC

Just £34m of IT investment will be re-usable from more than £600m spent on the Universal Credit car-crash IT programme "if" a digital version of the system ever arrives, a Public Accounts Committee hearing has indicated. "The truth is of what we've invested in live, only £34m will go over to digital," said PAC chair Margaret …
Kat Hall, 11 Dec 2014
Downing Street road sign

Universal Credit CRISIS: Up to £200m in IT spend WASTED – NAO

Around £219m in IT investments in the much-maligned Universal Credit programme may be written off, a National Audit Office report has revealed today. To date, £344m in IT investment has been sunk into the programme, but just £125m of those assets are currently in use. The NAO revealed the department has written off a further £ …
Kat Hall, 26 Nov 2014

Casino chain Affinity's credit card system popped AGAIN

US Casino operator Affinity Gaming has had its credit card processing system hacked for the second time in less than a year. The Las Vegas-based company said hackers breached a system last month that processed customer credit and debit cards but had no evidence that cards were compromised. "Affinity Gaming and its IT experts …
Darren Pauli, 06 May 2014
Jen-Hsun Huang

Nvidia unveils credit card-sized 'supercomputer' for portable AI

Older readers may think of Nvidia as a graphics firm but, according to CEO Jen-Hsun Huang, the firm is now all-in on accelerating computing and machine learning. "I've been in the computer industry for 30-some years and this has got to be one of the most exciting things that's happening: The ability for computers to learn, the …
Iain Thomson, 11 Nov 2015

Aussie spy agency gets first bug bounty credit

Australia's national spy agency has been credited with its first public vulnerability disclosure after reporting a remote code execution vulnerability in an HP Autonomy component. The Australian Signals Directorate had previously reported vulnerabilities in a variety of software but it is the first time its work has been …
Darren Pauli, 23 Sep 2015

Fraud shop OVERSTOCKED with stolen credit cards

Infamous carding store is so chock-full of stolen credit cards from recent high-profile breaches that it's gutting its prices due to overstocking. The fire sale makes a mockery of the security in place at some of the world's biggest retailers, many of which have in recent months been invaded by hackers who have made …
Darren Pauli, 29 Sep 2014

Universal Credit CRISIS: Howard Shiplee SHIPS OUT of top job

The Department for Work and Pensions' deeply troubled Universal Credit project has lost yet another chief, after Howard Shiplee quit the role on Monday. His decision to walk is a big blow for Secretary of State Iain Duncan Smith, who has witnessed a revolving door of UC bosses since the Cabinet minister unveiled his one-dole- …
Kelly Fiveash, 30 Sep 2014

UK government accused of hiding TRUTH about Universal Credit fiasco

A government body tasked with flagging up troublesome Whitehall projects has been accused of secrecy and ineptitude over its handling of the Department for Work and Pensions' widely panned Universal Credit programme. MPs sitting on the Public Account Committee said in a report published today that the Major Projects Authority …
Kelly Fiveash, 19 Aug 2014
Apple phone payement.

Apple Pay a haven for 'rampant' credit card fraud, say experts

Apple and its banker pals may have inadvertently lowered the barrier to credit card fraud by adding pay-by-wave technology to iPhones, security experts fear. Payment cards can be added to Apple Pay by taking a photo of the card, and allowing a device to run optical character recognition over the image to fill out the long card …
John Leyden, 03 Mar 2015
O2 Pre-Paid Credit Card

Restaurant chain uses CARBON PAPER to fight credit card hack

Chinese restaurant chain P.F. Chang's China Bistro has resorted to mechanical credit card imprint-capture machines after credit and debit card information was stolen from some of its 200+ restaurants. The company says that last Tuesday, June 10th, “P.F. Chang's learned of a security compromise” and “Immediately … initiated an …
Simon Sharwood, 13 Jun 2014
Anonymous video screenshot

Canadian government websites hosed, Anonymous takes credit

Canada's government websites and email servers have been knocked offline in a distributed denial-of-service (DDoS) attack. The assault was apparently a simple flood-the-pipes operation rather than an attempted data-heist. At 5pm local time, according to Bloomberg (presumably in Ottawa), sysadmins were working to get services …

Need reminding how troubled Universal Credit is? MPA puts it in special 'reset' category

Iain Duncan Smith's massively troubled Universal Credit system is so deep in the toilet - according to the government's Major Projects Authority - that it's not even worthy of being flagged with a "red" warning anymore. The Department for Work and Pensions has made such a hash of the huge benefits' reform scheme – which has …
Kelly Fiveash, 23 May 2014
PayPal inStore app in action

Credit card of PayPal PRESIDENT cloned by UK crooks

PayPal president's credit card got hacked on a UK visit, the victim revealed on Twitter. David Marcus said that an unidentified criminal used a skimming device and his credit card was cloned before "tons" of fraudulent transaction were made. The senior executive of the eBay-owned payment processing firm made sure to score a …
John Leyden, 12 Feb 2014
Toilet roll printed with fake US $100 bills

Buy a slice of the next Facebook with just your credit card and browser

America's financial watchdog says anyone with spare cash will be able to buy a slice of a startup online without having to fill out mountains of paperwork. Until now, if you fancied plowing your some of savings into a fledging biz – say a trendy but privately held San Francisco tech upstart – there are all sorts of …
Iain Thomson, 30 Oct 2015

Pay with your credit card at station kiosk? 'Dare Devil' is targeting YOU

A financial malware strain has been found targeting payment systems behind transit systems and kiosks sucking up all manner of junk data, researchers say. The malware dubbed d4re|dev1l (dare devil) has been found in kiosks at Italy's regional transport company Azienda Regionale Sarda Trasporti, as well as at undisclosed …
Darren Pauli, 01 Dec 2014
australian credit cards fraud contactless

Credit card thieves setting up safe seller certifications

Breakpoint In the world of carding, you get what you pay for: stolen cards are cheaper on riskier public trading forums and more pricey on closed more reliable markets, according to recent analysis. Since 2007, Michigan State University associate professor Thomas Holt, University of North Carolina assistant professor Olga Smirnova and Yi- …
Darren Pauli, 08 Oct 2014

US parking operator: YEP, hackers got your names, credit card numbers, secret codes...

Point-of-Sale systems have been hacked at major US parking garage operator SP+. The breach has resulted in the exposure of customer financial information, SP+ explained at an advisory on Friday. SP+ said it had learned of the breach from the firm that handles its payment card processing. The firm operates about 4,200 parking …
John Leyden, 02 Dec 2014
Games for Windows Marketplace

Boomerang rebound: Site shut amid credit card securo-fears

Video game rental company Boomerang Rentals has pulled down the shutters on its websites amidst unconfirmed concerns that it have may have suffered a security breach that spilled customers' credit card details. Boomerang's homepage has been "down for maintenance" since Sunday. The move followed multiple customers reporting …
John Leyden, 12 Jan 2015
Biometric MasterCard

MasterCard adds fingerprint scanner to credit cards for spending sans the PIN

MasterCard and Norwegian biometrics firm Zwipe have announced the first fingerprint-activated credit card that the companies hope will replace signatures and PINs. "Our belief is that we should be able to identify ourselves without having to use passwords or PIN numbers," said Ajay Bhalla, president of enterprise security …
Iain Thomson, 18 Oct 2014
Data breach image

Who has your credit card data? 1 million HOLIDAY-MAKERS' RECORDS exposed

A UK-based online travel firm has been fined £150,000 over a breach of breach of the Data Protection Act after their "insecure" coding reportedly exposed more than a million customer records to cybercrooks. Think W3 Limited was hacked in December 2012 in an attack that relied on what the ICO described as "insecure" coding on the …
John Leyden, 24 Jul 2014

Password bug let me see shoppers' credit cards in eBay ProStores, claims infosec bod

A serious vulnerability that potentially allowed shoplifters to empty eBay ProStores shops and swipe customer credit cards has been fixed – according to the security researcher who says he found the hole. Mark Litchfield, an infosec pro at Securatary, told us he discovered a flaw in eBay-owned ProStores that not only opened the …
John Leyden, 01 Apr 2014

Tech Data goes for big gun credit man amid accounts probe

Tech Data UK has opted for a big hitter to head up its credit function amid the continued probe into accounting irregularities. Blighty's largest distributor has hauled in former Sun Microsystems global credit manager Kevin Corcoran as director of credit services and after sales management. The second element to the title is …
Paul Kunert, 27 Nov 2013

Korean credit card companies hit with 90-day, $100m sales ban

Three South Korean credit card firms which are thought to have exposed the personal data of 20 million customers have been forced to suspend all new business for three months in a blow which could cost them nearly $100 million. Korean regulator the Financial Services Commission (FSC) said the firms were not allowed to sign up …
Phil Muncaster, 20 Feb 2014

Amazon wants in on single-credit-card biz

The mid-November launch of payment startup Coin generated a flurry of press, but in the background, Amazon has also taken an interest in a similar one-card-to-rule-them-all model. In one of those serendipitous moments that Google can provide, Vulture South was wondering about a completely different class of patents when we …

Korean credit card bosses offer to RESIGN over huge data breach

An IT contractor has been arrested over the theft of credit card and personal details of 20 million South Koreans. Investigators allege an IT worker at the Korea Credit Bureau copied names, social security numbers and credit card details of millions onto a USB stick before flogging them to a marketing firm. He has been charged …
John Leyden, 22 Jan 2014