Posted by: Neal OFarrell in: ● September 9, 2011
Researchers at the University of California at San Diego recently released the results of an intriguing hack against ATM PIN pads, but while their attack used a camera to steal user passwords, it’s not the kind of camera you might think. The researchers invited 21 volunteers to enter 27 randomly generated PINs in both metal [...]
Posted by: Neal OFarrell in: ● July 22, 2011
The United Kingdom has continued to dominate headlines around the world with their hearings concerning Rupert and James Murdoch’s News of the World, and their journalists’ and private investigators’ phone hacking scandal. This investigation has uncovered many disturbing facts, but one question continues to be asked both in and out of the courtroom — just [...]
Posted by: Neal OFarrell in: ● January 28, 2011
Last week I wrote about how the sleepy California town of Sierra Madre had fallen victim to a skimming attack that netted more than 400 victims at just one local gas station. And almost every day since then I’ve seen more stories emerge about skimming attacks across the country. Just this week, authorities at the [...]
Posted by: Anne Madrid in: ● October 4, 2010
I realize I am dating myself, but when I started banking, as a teen, Automatic Teller Machines (a/k/a “ATMs”) were the latest and greatest, high tech banking contraption. Using an ATM card was far more convenient than writing a check to “Cash”, as long as you kept the receipt and remembered to record the withdrawal [...]
Posted by: Neal OFarrell in: ● August 3, 2010
Ever used one of those stand-alone ATMs, the ones you’ll most often find in restaurants, supermarkets, or gas stations? I try to avoid them, not just because they can charge pretty hefty fees for even the smallest withdrawal, but honestly I’ve just never trusted them. After all, you have no idea who owns the ATM, [...]
Posted by: Neal OFarrell in: ● July 29, 2010
Zero liability. It even sounds good. And it’s supposed to. It was coined by the financial industry and driven by federal laws to ensure that victims of identity theft and fraud would not be liable for unauthorized charges or withdrawals on their accounts. In most cases, your liability for the actions of thieves, even if [...]
Posted by: Neal OFarrell in: ● July 20, 2010
If you haven’t already heard of skimming, I hope you don’t find out about it the hard way. In a nutshell, skimming is a scam where the thieves “skim” a copy of your credit or debit card information when you think you’re paying for something legitimate. For example, skimming is a growing problem at restaurants, [...]