[Asterisk-biz] CC Fraud
Justin B Newman
justin.newman at binhost.com
Sat Jun 18 13:26:13 MST 2005
Andres wrote:
>
>> Can you tell us where exactly you saw this announcement? Thanks,
>>
> OK... I see the announcement but I see the company mentioned is
> "CardSystems", and not "Card Services International". I believe both
> companies are not related. Correct me if I am wrong please.
> Furthermore if the theft included CVV records then they are in clear
> violation of MasterCard and Visa policies which explicitly say those
> numbers cannot be stored anywhere.
>
My apologies; I managed to confuse the two companies. You are correct.
The NYTimes indicates they were keeping CVV records, and that MasterCard
identified this as violating their policies.
http://www.nytimes.com/2005/06/18/business/18cards.html?incamp=article_popular_5
Yours,
-jbn
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