Week In Review: Fraud Spree Strikes Seattle; ID Theft: SSN Is 'Key to the Kingdom'

This week's top news and views: A payments card fraud spree in Seattle prompts a massive investigation; and a Colorado court's decision to overturn an identity-theft conviction for misuse of a Social Security number stirs debate.Here's a list of some of this week's most compelling content on BankInfoSecurity.com:
  • Fraud Spree Strikes Seattle. A spree of payment card fraud incidents at multiple retail locations in Seattle has prompted an investigation by law enforcement authorities. And security experts say these crimes can be expected to happen more frequently as credit/debit card fraud evolves;
  • A Colorado court's decision to overturn an identity-theft conviction ID theft based on the misuse of a stolen Social Security number has stirred debate among identity theft protection advocates; and

  • PCI security standards compliance should be a priority for any entity that accepts card payments. Unfortunately, it seems most small merchants don't appreciate the magnitude of fraud they expose their customers to when they neglect PCI mandates.

Please listen to this roundup, and check out all of the month's and week's news and views on BankInfoSecurity.com.




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