Authorize.net Denies Any Blame After Weekend Spending Spree by Card Thiefs

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Authorize.net Denies Any Blame After Weekend Spending Spree by Card Thiefs

04-04-2006, 11:07 AM,

Post: #1

mandy Offline

Administrator

Posts: 9,932
Likes Given: 0
Likes Received: 6 in 5 posts
Joined: Feb 2011
Reputation: 0

Authorize.net Denies Any Blame After Weekend Spending Spree by Card Thiefs

Quote:A major online payment provider said Monday that its processing service had been used in an attempt to charge money to stolen credit and debit cards.

Several Web hosting companies that use the Authorize.Net service to accept credit cards online saw a sudden spike in transactions over the weekend. The transactions, most for $500 and $700, were billed to Visa, MasterCard and American Express cards that belong to people across the U.S., representatives for three Web hosts told CNET News.com.

"These hackers got their hands on high quality data, and they used merchants of ours to run that data through the merchant's Web site, which goes through our platform," said David Schwartz, a spokesman for Authorize.Net ...

full article: http://news.com.com/2100-7349_3-6057305.html?part=rss&tag=6057305&subj=news

« Next Oldest | Next Newest »

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	Visa to Acquire Cybersource (owner of Authorize.net) for $2 billion	Kristijntje	0	2,630	04-21-2010, 09:06 PM Last Post: Kristijntje
	PaySecure testing online PIN-debit card payments	Kristijntje	0	2,740	03-16-2009, 02:51 PM Last Post: Kristijntje
	New Federal Credit Card Consumer Protection Laws To Take Effect In 2010	mandy	0	2,636	12-23-2008, 10:30 AM Last Post: mandy
	Merchant Accounts: PCI Compliance Report Card	mandy	0	2,822	09-10-2008, 11:23 AM Last Post: mandy
	Authorize.net launches Simple Checkout service for small merchants	mandy	0	3,410	04-20-2008, 07:24 AM Last Post: mandy
	Authorize.Nets Customer Information Manager	mandy	0	2,222	12-15-2007, 11:13 AM Last Post: mandy
	Urgent Credit Card Verification	FiberGuy	6	4,132	11-10-2007, 04:36 PM Last Post: bargainbloodhound
	To store or not store customer credit card data	mandy	1	2,641	09-29-2007, 03:11 AM Last Post: jezebel
	Pressure mounts for retailers to comply with payment card data security standard	mandy	1	2,915	08-21-2007, 11:30 AM Last Post: mandy
	Payments: Paper, Plastic or Electronic Wallet? Plastic Card or Cell Phone?	mandy	0	2,355	08-14-2007, 10:14 AM Last Post: mandy

Forum Jump:

Users browsing this thread: 3 Guest(s)