Tag Archives: merchant

Do Merchants That Outsource Payment Processing Still Have Risk From a Breach?

By Craig A. Hoffman on February 11, 2013 Posted in Data Breaches, Payment Card Industry

Last week a small New England bakery announced that its point-of-sale (POS) devices were infected with malware that may have put card data at risk. The bakery’s letter to its customers stressed that it did not store card data on its computer systems, but the malware allowed an unauthorized person to gather card data as … Continue Reading

UPDATE: If There is Credit Card Fraud, There Must Have Been a Breach

By Craig A. Hoffman on May 30, 2012 Posted in Data Breaches, Payment Card Industry

As we reported in December 2010, after an online merchant suffered chargeback losses of almost $12,000 on nine fraudulent orders, it sued the bank that issued the nine cards that were fraudulently used alleging that the most likely cause of the fraud was a data security breach at the bank that the bank ignored. The merchant … Continue Reading