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Credit Card Fraud:
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Not a question of IF, but WHEN.
Between debit and credit cards, billions of transactions are processed every year.
But that number could take a hit as concern grows with people about credit-card fraud.
"I don't use my debit card anymore," Rhonda Richards said. "I pay cash for everything." That's because someone took her debit card information and spent nearly $1,000 at a store.
"Then I panicked because that was all the money I had in the account," she said. "Obviously, it comes right out of your account if it's a debit card like it was for me." Full Story
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Where's Walt?
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Walt Augustinowicz will be a featured speaker at the premier Government Security Event (GovSec) being held in Washington, D.C. April 2-4.
Identity Stronghold is a major supplier to the government for security products including Secure Badgeholders and Secure Sleeves for credit and debit cards.
Walt will demonstrate how a trojan unknowingly loaded onto an NFC-enabled smart phone masquerading as a game app can surreptitiously steal your contactless credit card info. Hackers could go further by accessing data on various ID cards in the same manner.
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