When good security goes bad

Tuesday, 28 June 2005, 2:47 AM EST

It's safe to say that MasterCard, through its transaction processing partner, did not intentionally compromise the account information of millions of card holders. As one of the largest credit card associations in the world, MasterCard's whole business is based on trust, and it been one of the leaders in network transaction security since the earliest days of the Secure Electronic Transactions (SET) initiative a decade ago.

By Matthew Friedman at Networking Pipeline.

[ Read more ]




Spotlight

Cloned, booby-trapped Dark Web sites steal bitcoins, login credentials

Apart from being a way for dissidents and journalists to do their business without being spotted and identified by "the powers that be", the Dark Web is also a place where criminals sell and buy illegal wares and services and, apparently, where they also get robbed by scammers.


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