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"Clearly, cyber will be an element of almost any crisis we’re going to see in
the future" Stated yesterday to U.S. Senators by Vice Adm. Michael
Rogers the nominee to run the National Security Agency. This too can be applied
to ORC as the data breaches continue to mount by organized international crime
organizations in an attempt to steal as many credit cards as possible to flood
the world and specifically the U.S. before EMV rolls out. While many may think
this is a dramatic comment it is in fact retail's reality. As the criminals on
the ground use the cards in stores nationwide, Loss Prevention executives and
our law enforcement counterparts are the foot soldiers tasked with stopping this
epidemic. We've seen five data breaches in the last four months alone and now
the cards are hitting the market. Be careful and be safe but remember this is a
war on retail and you are the first line of defense. As the IT Security
executives work hard to try to keep them out, LP works hard once they get in.
(Source
nytimes.com)
Members of SC credit card fraud ring sentenced to federal prison
Nine members of a credit card fraud ring that operated in South Carolina were
sentenced in Columbia Tuesday to federal prison terms ranging from 2 to 5 years.
Members of the gang used hand-held credit card reading devices - called skimmers
- to capture legitimate credit card information which was then used to create
bogus credit cards from credit card “blanks.” State, federal and law enforcement
agencies in Lexington, Richland and Greenville counties investigated about $361K
in fraudulent charges that were made to buy goods and services including retail
gift cards. An estimated 1,800 credit cards were compromised by the ring,
Nettles said. (Source
islandpacket.com)
Two arrested for felony theft at an Aurora, IL Walmart; believed to have hit
other area Walmart stores Both Radcliffe and Petersen
were seen unloading a cart full of electronics, including computers, a cellphone
and a wireless router, into their SUV. The suspects left the property in the SUV
and were stopped shortly after by Aurora police. According to police reports,
security sensors were found on electronic items found in the vehicle. Petersen
told officers that she is homeless, and steals items from stores which she later
pawns. Inside the vehicle, police also found a television, a crock pot, a food
processor and other items believed to have been stolen from Walmart stores.
(Source
suntimes.com)
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