SHOCK! Credit Card Pic Leads to Fraud
Agence France Presse published a photo of Katrina hurricane victim Latesha Vinette holding her new Red Cross debit card, a picture that was instantly redistributed on Yahoo! News and other wire service web sites. Shockingly, the balance on the card dropped to ZERO within minutes, as hundreds of fraudsters went on shopping sprees with the card number. A few hours later, Vinette was paged over the Reliant stadium speaker system to receive a call from Mastercard, which wanted to know about cash-advance requests totaling $65,237, and attempts to use the card to buy a Ferrari and hundreds of other goods on eBay.
10:19 AM * PERMALINK * 10 comments
Comments:
Didn't anyone ask for the 3 digit security number on the back?
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it's good to see someone else is thinking... Geesh... "MasterCard, we will take any number"
Why wouldn't Stanley or his/her editor censor the number?
Maybe a debit card doesn't have the three digit code on the back?
what a retard! and yes a debit card does have the 3 digit number on the back, i was wondering the same thing about how it could be used without the number.
i had a friend that worked for a bank. she told me that debit cards and credit cards have a certain number of choices for the 3 digit security code depending on wether it's mastercard or visa or whatever. then she guessed everyone in the group's # within three tries.
Most payment sites do NOT require the 3 digit code, but only require the 16 digit card number and the expiration date and the name on the card which the photo shows. No financial security if this information gets into wrong hands. I often worry in stores that cell phone cameras could be used to capture this data. Or a dishonest scamming security guard or other employee of a store could get this from video camera feed when making in store purchases. We are not safe in the new Orwelian age... just use good techno intellegence and tact when doing business.
Dont need the security code on the back. Nor do you need the name on the card either. I take payments constantly from my customers and I dont need to enter either of those as requirements.
EPIC FAIL
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