New
#1
Wonderful . I use PayPal..
There's no shortage of stories about the many ways companies can accidentally leave their customers' private data exposed on the internet, and that can be a scary thought. But it can be even worse than that when third-party entities go out of their way to infiltrate the websites of such companies to actually steal sensitive information, which has apparently happened to online retailer Newegg over the past month.
A report by security researchers from RiskIQ, who worked together with cybersecurity firm Volexity, says that a hacking group known as Magecart recently targeted the company's customers with a cleverly designed attack. The group registered the neweggstats.com domain, which looks fairly legitimate at first sight, especially being that the domain had a certificate issued by COMODO. The attackers then set the domain up to skim the credit card information of customers and placed the skimmer on the payment page of the checkout process, which affected both mobile and desktop devices...
Read more: Newegg customers may have had their credit card information stolen - Neowin
This is not the first time this has happened to Newegg. It's been a few years, but I stopped using them after my CC Info was stolen from them![]()
Yes, credit cards are risky to use on the web, but the ATM debit cards are much worse since the ATM debit cards are directly tied to people's checking account.
If and when a purchase made on/offline, an ACH debit transaction is issued against the credit/debit cards. In case of the fraudulent charges, the buyer can dispute the charges in both type cards. In case of the credit card, the buyer don't have to pay the fraudulent charges, until the dispute is settled.
With ATM debit card, the buyer can also dispute fraudulent charges, but charged amount in question will not be returned to the checking account until the dispute is settled. In another word, the money could be gone from the checking account for 1-3 month.
Some of my friends and one family member who went through the painful process of disputing ATM debit card charges. In some of these cases, the checking accounts had been emptied that caused these people financial hardship. Needless to say that these people no longer have ATM debit cards....
I've been using virtual CC# for online purchases, with a dollar limit of the exact amount of my purchase and an expiration date of the following month, which I create at my CC providers website. For the last decade or so, I have never had an issue with my real CC#s being stolen...
I've been seriously looking onto this lately, the way forward IMHO.
Also some CERN bods are developing a fully end to end encrypted ID database so you never have to have your personal/CC et al details on third party databases. All third parties would have to ping the servers for ID authorisation, presumably using some form of two stage, so you'd get notified first and can reject if suspicious.
There's not much out there on it, I've only seen two or three articles in the past few years, but the little I read looked very promising.