credit card fraud

[thesaint258]

Your friend left his bitcoin "wallet" unencrypted and "laying around"? Does he do that with his non-bitcoin cash as well?

https://bitcoin.org/en/secure-your-wallet

Of course, bitcoin isn't for everyone (yet). Of course, Folks (like those that brought the internet to everyone) are working to do the same for bitcoin.

I have no idea. I do know it was before bitcoin became well-known, so that might have something to do with it.

[Uncle Ted]

My friend who had some of his stolen would disagree. He wasn't too upset at the time because they were worth about $40. When the price skyrocketed, he was annoyed that they would have been worth around $500 or so.

Your friend left his bitcoin "wallet" unencrypted and "laying around"? Does he do that with his non-bitcoin cash as well?

https://bitcoin.org/en/secure-your-wallet

Of course, bitcoin isn't for everyone (yet). Of course, Folks (like those that brought the internet to everyone) are working to do the same for bitcoin.

[Katy Lied]

I've dropped a grand at Home Depot in the last three months. I thinking new card time.

Odd. I'd be thinking, "What grand at Home Depot in the past three months?"

[Katy Lied]

When I develop a taste for speedballs, helloooo byu71's car

[byu71]

I actually believe this statement to be true. If it's not true, I want it to be true.

It's there because of the games we play in the spring, summer and fall. While never coming close to taking that kind of hit in one day, I hate going to the CU and even worse I hate not being able to pay immediately.

It isn't as big a deal as it may sound. The amount in the box goes up and down, but doesn't change more than a couple of grand over a week and not even that if you figure it over a month's period of time.

So although true, not quite the same as I first led on, but not an untruth either.

[clackamascoug]

Good catch. Carrying around in my wallet was a catch all phrase. Most of it is actually in a shoe box in the trunk.

I actually believe this statement to be true. If it's not true, I want it to be true.

[Pelado]

A week or two ago I got a call from American Express. Someone had attempted to charge my card with something from Malaysian Airlines. They denied the charges, cancelled the card, and issued a new one with the new microchip security thing.

[byu71]

I'm intriqued by the logistics of your statement. If your $5 grand is in 100 dollar bills, that's still a one-inch stack of bills which when doubled has got to give you such a fat wallet that you must have back pains. Ahhh, that explains your back problems.

Good catch. Carrying around in my wallet was a catch all phrase. Most of it is actually in a shoe box in the trunk.

[Katy Lied]

I only have one credit card and at times I am nervous having it. Of course carrying $5 grand around in my wallet has me nervous at times also.

I'm intriqued by the logistics of your statement. If your $5 grand is in 100 dollar bills, that's still a one-inch stack of bills which when doubled has got to give you such a fat wallet that you must have back pains. Ahhh, that explains your back problems.

[thesaint258]

http://krebsonsecurity.com/2014/09/d...ot-stores-hit/

Maybe it is time to move to bitcoin.

My friend who had some of his stolen would disagree. He wasn't too upset at the time because they were worth about $40. When the price skyrocketed, he was annoyed that they would have been worth around $500 or so.

[byu71]

I've dropped a grand at Home Depot in the last three months. I thinking new card time.

I only have one credit card and at times I am nervous having it. Of course carrying $5 grand around in my wallet has me nervous at times also.

[clackamascoug]

I've dropped a grand at Home Depot in the last three months. I thinking new card time.

[Uncle Ted]

Data: Nearly All U.S. Home Depot Stores Hit

New data gathered from the cybercrime underground suggests that the apparent credit and debit card breach at Home Depot involves nearly all of the company’s stores across the nation.


Evidence that a major U.S. retailer had been hacked and was leaking card data first surfaced Monday on the cybercrime store rescator[dot]cc, the shop that was principally responsible for selling cards stolen in the Target, Sally Beauty, P.F. Chang’s and Harbor Freight credit card breaches.


As with cards put up for sale in the wake of those breaches, Rescator’s shop lists each card according to the city, state and ZIP code of the store from which each card was stolen. See this story for examples of this dynamic in the case of Sally Beauty, and this piece that features the same analysis on the stolen card data from the Target breach.

[...]

What does all this mean? Well, assuming Home Depot does confirm a breach, it could give us one way to determine the likely size of this breach. The banks I spoke with in reporting this story say the data they’re looking at suggests that the breach probably started in late April or early May. To put that in perspective, the Target breach impacted just shy of 1,800 stores, lasted for approximately three weeks, and resulted in the theft of roughly 40 million debit and credit card numbers. If a breach at Home Depot is confirmed, and if this analysis is correct, this breach could be much, much bigger than Target.


How does this affect you, dear reader? It’s important for Americans to remember that you have zero fraud liability on your credit card. If the card is compromised in a data breach and fraud occurs, any fraudulent charges will be reversed. BUT, not all fraudulent charges may be detected by the bank that issued your card, so it’s important to monitor your account for any unauthorized transactions and report those bogus charges immediately.

http://krebsonsecurity.com/2014/09/d...ot-stores-hit/

Maybe it is time to move to bitcoin.

[UtahDan]

Has anyone seen Pellegrino? Very suspicious.

[statman]

Absolutely -- credit cards are easy to fix and you're never out any money.

That's the reason I would never use a debit card at a restaurant or anywhere else where I could use a credit card instead.

They'll eventually "fix" debit card fraud as well - any card that has a Via, MC "bug" on it has the same fraud guarantees - you're out a maximum of $50 - but most banks waive that. The problem with debit is your bank account is drawn down by the amount of the fraud until the bank is satisfied it was actually fraud. That could take a couple days, and if the timing was bad, could be very inconvenient...

so although the protections are the same for CC/DC, the inconvenience posed by getting screwed on a debit card makes it a bit more problematic...