Another Massive Data Breach Under Investigation

A data breach that may have exposed the personal information of over 200 million Americans--over twice the size of the Target breach--is not getting nearly the attention of other recent data breaches. Hieu Minh Ngo, a Vietnamese national, posed as … Continue reading

Target CFO Reveals New Information about Credit Card Breach

John Mulligan, Chief Financial Officer at Target, spoke before the Senate Commerce Committee last Wednesday to answer questions about the company's massive credit card breach. In his testimony, Mulligan provided new insight into the breach and the work going into … Continue reading

Investigation Continues into Possible Credit Card Breach at California DMV

The California Department of Motor Vehicles continues to investigate a possible debit and credit card breach which may have taken place on online transactions between August 2013 and January 2014. The DMV believes that there may have been security problems … Continue reading

LowCards.com Weekly Credit Card Update–March 28, 2014

Why So Many Retail Stores Get Hacked for Credit Card Data When a big retailer gets hacked, it's often quick to note that it has complied with cybersecurity rules set by the credit card industry. MasterCard, Visa and other card … Continue reading

Neiman Marcus Sued after Data Breach

An Illinois woman is suing Neiman Marcus as a result of the 2013 data hack. She is seeking money on behalf of the 350,000 customers whose lives were affected by this breach. "Neiman Marcus has placed the burden on aggrieved … Continue reading

LowCards.com Weekly Credit Card Update–March 14, 2014

How Target Blew It Poring over computer logs, Target found FireEye's alerts from November 30 and more from December 2, when hackers installed yet another version of the malware. Not only should those alarms have been impossible to miss, they … Continue reading

Sally Beauty Victim of Huge Card Breach

Yet another retailer appears to have fallen victim to a large-scale card hack. This time, it is Sally Beauty Supply stores. According to security expert Brian Krebs, over 280,000 debit and credit cards have been stolen and sold on an underground … Continue reading

Possible Card Breach with Chicago Taxis

First American Bank is encouraging people in the Chicago area not to use debit or credit cards in Chicago taxicabs. The company has tracked down multiple cases of fraud involving customers who used their cards to pay their cab fare, … Continue reading

LowCards.com Weekly Credit Card Update–February 21, 2014

A Line of Defense Against the Theft of Personal Data Credit-monitoring is often backward-looking, informing you of new accounts that thieves may have already opened in your name. But a freeze prohibits the bureaus from releasing your credit reports to … Continue reading

Customer Data Stolen in Hack Attack on Kickstarter

The popular funding site Kickstarter was recently a victim of cyber hacking, where cyber criminals obtained the usernames and passwords for many of the site's account holders. Fortunately, Kickstarter's security measures ensured that no credit card data was stolen during the … Continue reading

Target May Have Ignored Security Issues Before Hack

According to the Wall Street Journal, Target may have been forewarned about security issues a full two months before the hack on 40 million debit and credit cards took place. Warnings apparently came from both government and private research firms … Continue reading

LowCards.com Weekly Credit Card Update–February 14, 2014

Target Data Breach Pits Banks Against Retailers Banks and big retailers are locked in a debate over the breach of consumer data that gripped Target during the holiday season. At issue: Which industry bears more responsibility for protecting consumers' personal … Continue reading

Identity Fraud Continues to Skyrocket

Identity theft is happening all the time--literally. A new report by Javelin Strategy & Research shows that there was a new identity fraud victim nearly every two seconds in 2013. Last year, there were an estimated 13.1 million victims of identity … Continue reading

LowCards.com Weekly Credit Card Update–February 7, 2014

Hotel Company Investigates Data Breach, Card Fraud White Lodging Services, a hospitality company that manages 168 hotels in 21 states--under franchises from Hilton, Marriott, Sheraton, and Westin—is investigating reports that it suffered a data breach that lasted from March 2013 … Continue reading

Hotel Company Suffers Data Breach on Credit and Debit Cards

The wave of data breaches causing widespread concern among consumers has now spread to the hotel industry. A hotel franchise management company that manages 168 hotels in 21 states has apparently suffered a data breach that exposed hundreds of guests’ … Continue reading

LowCards.com Weekly Credit Card Update–January 31, 2014

Were You Charged $9.84? It Might Be Fraud Be on the lookout for a recent $9.84 charge on your debit or credit card. It might be part of a massive, worldwide scam. Thieves are using stolen payment cards to make … Continue reading

Possible Card Breach at Michaels

Another major retailer may have had a data breach on debit and credit cards: Michaels. Four separate financial institutions have traced hundreds of fraudulent purchases back to debit and credit cards used at Michaels. Michaels is working with law enforcement … Continue reading

Another Credit Card Scam Rocks Consumers

Yet another credit card scam is taking place, this one where consumers have an unauthorized $9.84 charge appear on their account. The business name on the fraudulent transaction is as an odd-looking website, such as CEWcs.com or EEETsac.com. The website … Continue reading

The Move to EMV Credit Cards

For years, the United States has lagged behind the rest of the world on moving to more secure EMV credit cards. Consumers have not asked for them, so credit card issuers and retailers have not made the costly switch. But the recent data thefts at … Continue reading

LowCards.com Weekly Credit Card Update–January 10, 2014

Target: Up to 70 Million More Customers Were Hit by December Data Breach Target said Friday that the massive cyber attack it suffered during the height of the holiday shopping season may have affected an additional 70 million customers and … Continue reading

Change Your PIN after Data Breach

The PIN on your debit card is your personal identification number. It is essentially a password to your account that only you should know. If you feel the personal information on your debit card account has been stolen or compromised, … Continue reading

Top 10 Signs of Identity Theft

Recent security breaches at Target, Skype and Snapchat show that identity theft has become a major problem in our society. Unfortunately, personal information, email, credit cards and bank accounts are not as private and protected as we think. It is … Continue reading

Wichcraft Sandwich Shop Finally Reveals Credit Card Hack

The sandwich shop "wichcraft" announced last week that a credit card breach occurred in its stores during the August to October time period--and no one knew anything about it. Wichcraft has several locations throughout the country, but the ones that were … Continue reading

Target Woes Mount: Thousands of Gift Cards Not Activated

The massive data breach at Target that affected up to 40 million debit and credit card customers is not the only problem the retailer is facing. It is now being reported that up to 40,000 Target gift cards sold throughout … Continue reading

Chase Raises Limits on Debit Cards Used at Target Stores

On Saturday, JP Morgan Chase became the first major bank to place limitations on their customers’ debit cards that were possibly affected by the Target security breach. Chase placed a daily limit of $300 in purchases and $100 in cash … Continue reading

40 Million Card Accounts Affected by Security Breach at Target

A new data breach at almost all Target stores across the country could be one of the largest data breaches in history. The breach may have affected as many as 40 million people who used their credit or debit cards … Continue reading

Data Breach May Affect 465,000 Chase Cardholders

A recent hack of JPMorgan Chase's computer services may have exposed personal information for individuals who received their tax refunds, child support and unemployment benefits on prepaid cash cards this year. Chase oversees the debit card program for several New England … Continue reading

LowCards.com Weekly Credit Card Update–June 6, 2013

Data Breaches Cost Consumers Billions of Dollars A new report from Javelin Strategy and Research concludes that a single massive data breach can result in “billions of dollars” in consumer fraud losses. A record number of breaches took place in 2012, … Continue reading

New Malware Steals Credit Card Data From Point-of-Sale Systems

Computer security firm McAfee says it has discovered a new type of malware that aims to steal credit card data from computer systems used in retail stores. The malware, a Trojan horse variety, is being called "vSkimmer." Once installed on … Continue reading

Leading Ways of Stealing Someone’s Identity

The "old fashioned" ways of stealing someone's identity are still the leading causes of identity fraud. According to a study by Travelers, the offline methods of identity fraud such as stolen or lost wallets, pilfered identifications and burglaries far outweigh the … Continue reading