[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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