PINcept.com: September 2009

More On the URLZone Online Banking Trojan

New Trojan Evades Banks' Anti-Fraud Systems - DarkReadingNew Trojan Evades Banks' Anti-Fraud Systems'URLZone' calculates just how much money to steal from a victim's account without raising suspicionSep 30, 2009 | 04:08 PMBy Kelly Jackson HigginsDarkReadingA next-generation Trojan recently discovered pilfering online bank accounts around the world kicks it up a notch by avoiding any behavior that would trigger a fraud alert and forging...

Posted by John B. Frank Wednesday, September 30, 2009 0 comments

URLZone, A Newly Discovered Banking Trojan Rewrites History!

Well, it's official...Clampi, Zeus and Conficker are NOT alone. I said in earlier posts that it would only be a matter of time before another threat to online banking reared it's ugly head. No I had to update my War of the World Wide Web graphic to include this one...(below) I must admit, I didn't think it would happen this quickly. Again...it avoids detection (see what I mean about prevention being better?) and it takes...

Posted by John B. Frank 0 comments

What Is Conficker Waiting For?

The world wide web is under attack. There are two distinct ways we can fight back. Our chances to win are SLIM and None. Your Choice. You can choose between what is pictured on the left or you can choose what is pictured on the right. It's your World Wide Web, ask your financial institution to put a SLIM into your hand and you will eliminate the environment in which the attackers flourish...The PIN Payments Blog...

Posted by John B. Frank 0 comments

Discover Ranks Tops in "Detecting" Identify Fraud...HomeATM in "Preventing" It!

HomeATM Ranks Tops at Preventing Identity Fraud with Two-Factor Authentication. (2FA) It's great to detect Identity Fraud, but isn't it better yet, to PREVENT it? I know this might "sound" a little "sardonic" but really, it isn't. Some consider hackers to be the equivalent of a cancer on the web. So I ask you... If hacking is a cancer, would you rather be on a regimen aimed at preventing" the cancer from occurring...or...

Posted by John B. Frank 0 comments

2009 Gartner Data Center Conference

$200 early bird discount ends October 9. Plus: Register by October 9 with priority code EBPENN for a chance to win a pair of tickets to Penn & Teller.* Concerned about cloud computing, next-stage virtualization and cost optimization? Right now, you're tasked with securing real business value for the organization. That means understanding the impact and application of fast-developing technologies and trends, and knowing the best...

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BofA CEO, Ken Lewis Stepping Down 01/01/10

Ken Lewis stepping down as CEO of Bank of America on January 1st 2010. According to the New York Times, ""Mr. Lewis held a phone call with the bank’s board earlier Wednesday to tell them that he had decided to retire, said two people briefed on the situation. The board accepted his decision but did not name a successor. The board will continue evaluating possible successors. Mr. Lewis, 62, has been under immense pressure since...

Posted by John B. Frank 0 comments

GAME OVER! HACKERS WIN!

Just when it seemed it could not get any worse, the future of typing in username's and passwords for online banking looks more dim than ever. A new PandaLabs Report says worldwide computer malware infections grew 15% in ONE MONTH and now stands at 60%. WOW! Seems to me, it's not only online banking authentication with a big problem, it is also eCommerce sites and online shopping. As if that is not bad enough, they report...

Posted by John B. Frank 0 comments

Cred-Ex to Provide Online Alternative Payment Method on TheShoeMart.com

Cred-Ex, a leading provider of alternative payments to Online Retailers, and TheShoeMart.com reached a definite agreement to add Cred-Ex's online payment method to their website. Cred-Ex gives us another way for our customers to pay ...

Posted by John B. Frank 0 comments

EPC: 7-Eleven Conveniently Deceived Customer to Sign Petition

Electronic Payments Council says 7-Eleven was Deceptive and Bends the Truth. Petition Not What it Appears to Be..."Tricked" Consumers into Signing It... Washington D.C., Sept. 30, 2009 -- In response to the press conference held by 7-Eleven and the National Association of Convenience Stores regarding their petition, the Electronic Payments Coalition issued the following statement:"It is the height of irony that a convenience...

Posted by John B. Frank 0 comments

MasterCard Press Release on 7-Eleven Petition

MasterCard Fights Back with Facts:New Survey Results Reveal Serious Concerns About 7-Eleven Petition Consumers Say Merchants Should Pay Their Own Bills for Payment Card Acceptance, and Not Pass Those Costs on to Their Customers They Also Say No to Interchange Legislation When They Understand How it Would Impact Their Wallets Purchase, N.Y, September 29, 2009 - Three quarters of respondents in a new consumer survey believe the fees...

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Did 7-Eleven "Dupe" Customers into Signing Petititons

Convenience Store News wrote an article on MasterCard's new survey which revealed that three-quarters of respondents believed that fees paid by merchants are a cost of doing business. The war rages on. By Barbara Grondin Francella - CSNSeptember 29, 2009 - DALLAS -- MasterCard Worldwide fired back against convenience store chain 7-Eleven Inc. yesterday, stating the c-store operator's recent consumer petitioning against 'unfair"...

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Fiserv Reveals the New Face of iCom

New updated version of cash supply chain management solution launched -Brookfield, Wis., September 30, 2009 - PIN Payments News Blog - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today unveiled iCom 4.0, the newest version of its market leading, web-based cash supply chain management solution.iCom from Fiserv helps financial institutions minimize cash holdings and reduce expenses,...

Posted by John B. Frank 0 comments

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