Enabling ID fraud #4

Credit and debit card numbers belonging to at least 10,000 SEB
customers could have been hijacked by fraudsters, the bank has admitted.

“Other banks are hit by this too,” bank spokeswoman Kerstin Ottosson
said.

Eurocard
announced on Tuesday that 1,000 customers were hit by a similar fraud attempt.

SEB received the first indications that
something was amiss about ten days ago. The bank says that hackers broke into a
national computer system handling card payments for shops, hotels and other
retailers.

Ottosson said that card information should never be stored by payment systems,
but said in this case it had been.

“That's a criminal act, pure and simple,” she said.

The card numbers allowed the frausters to buy goods over the internet and to
forge new cards.

“We've seen customers already hit by such thefts. A normal customer can't
protect themselves against this. But our customers will not lose out
financially,” she said.

All SEB customers whose card numbers might
have come into the wrong hands will receive a letter from the bank asking them
to block the card and order a new one.

(source).

 

For their lack of due
diligence in securing customer records, these companies are ENABLERS OF ID
FRAUD.


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About IanPJ

Ian Parker-Joseph, former Leader of the Libertarian Party UK, who currently heads PDPS Internet Hosting and the Personal Deed Poll Services company, has been an IT industry professional for over 20 years, providing Business Consulting, Programme and Project Management, specialising in the recovery of Projects that have failed in a process driven world. Ian’s experience is not limited to the UK, and he has successfully delivered projects in the Middle East, Africa, US, Russia, Poland, France and Germany. Working within different cultures, Ian has occupied high profile roles within multi-nationals such as Nortel and Cable & Wireless. These experiences have given Ian an excellent insight into world events, and the way that they can shape our own national future. His extensive overseas experiences have made him all too aware of how the UK interacts with its near neighbours, its place in the Commonwealth, and how our nation fits into the wider world. He is determined to rebuild many of the friendships and commercial relationships with other nations that have been sadly neglected over the years, and would like to see greater energy and food security in these countries, for the benefit of all. Ian is a vocal advocate of small government, individual freedom, low taxation and a minimum of regulation. Ian believes deeply and passionately in freedom and independence in all areas of life, and is now bringing his professional experiences to bear in the world of politics.
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