credit card fraud News

App Allows Inspectors to Find Gas Pump Skimmers Faster

A team of computer scientists at the University of California, San Diego and the University of Illinois has developed an app that allows state and federal inspectors to detect devices that steal consumer credit and debit card data at gas …

As Chips Cut In-Store Fraud Credit-Card Thieves Move Online

The adoption of credit-card chip technology by U.S. retailers is having an unintended consequence: Criminals are moving from brick-and-mortar stores to the internet. The use of stolen card data to pay for merchandise on websites, in mobile apps and by …

Home Depot Breach Will Likely Fuel Card and Account Fraud

Home Depot Inc.’s data breach, which put about 56 million payment cards at risk, has fed fraudulent transactions that in some cases have drained money from customer bank accounts, the Wall Street Journal reported. Stolen information on credit and debit …

South Korea Credit Card Data Theft Highlights Security Lapses

A massive theft of customer data from three major credit card firms in South Korea has shown security lapses in the financial industry. First revealed by prosecutors, the theft of information linked to 80 million credit cards such as salaries, …

Pennsylvania Pickpockets Busy in Coffee Shops, Restaurants

One woman was sitting in a window seat at La Colombe, lost in a discussion about a Macy’s sale, when someone snatched her wallet from her purse. Alyssa Abbott had just finished lunch at a Chestnut Street cafe when she …

Massachusetts Woman Admits to Stealing From 2 Companies

A Leicester, Mass., woman has pleaded guilty to stealing more than $300,000 from two companies she worked for. Kimberly Powell pleaded guilty Wednesday to larceny of more than $250, credit card fraud over $250 and making a false entry in …

Idaho Police Find Link in Credit Fraud Outbreak

Police in the north-central Idaho town of Orofino say a rash of credit card fraud that has affected nearly 300 people originated at a local grocery store. The police department says the owners of the Glenwood IGA store have been …