Online Fraud.

After being woken by a txt message this morning informing me that my card had been used last night in a suspected fraudulant manner and to call the banks Fraud Unit I had to get online and check and change some passwords just in case... 

 

I then read some emails... one was about Target US and how it had a data breach not long ago and the information had been updated... 

 

They first said that 40 million people were impacted but instead 110 million people had data breached. Apparently that is 1/3 of the population over there.... 

 

They have been offered free credit monitoring.... they will have to watch out for the rest of thier lives..... 

 

 

 

It makes me think about what I now need to watch out for and where they got my information from. 

Message 1 of 51
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Online Fraud.


@purple_haize wrote:

Just something else to, that you may not be aware of, in some shops you just need to wave your card infront of the machine instead of putting in your pin or signing.....

 

My bank told me not to do it, as anyone can get your info doing it that way, and you will have no come back.......always use your pin or sign instead of waving your card.


Signatures are being phased out.  I have already been advised by my bank that shortly only PINs will be accepted.

 

 

 

 

 

 

Message 21 of 51
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Online Fraud.

Our bank has also phased out signatures. 

 

They only allow PINs now. 

Message 22 of 51
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Online Fraud.

Your choice PH to not use paywave/paypass, noone suggested it isn't.

 

However I have provided accurate information for anyone else to read about paywave/paypass. I also note monman has provided similar information.

 

 

 

Message 23 of 51
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Online Fraud.


@catsnknots wrote:

@am*3 wrote:

EFTPOS transaction fraud happens when scammers remove an eftpos machine from a business (unnoticed) and replace it with one of their own (that looks the same). All the funds then go into the scammers bank account.

 


That was one of the things the guy on the phone was telling me... who allows a stranger to take their machine and "fix" it without first making contact with the company that supplies it?

 

The POSmalware was what appears to have caused the Target troubles... the malware was on the computer system of the company. 


From what I have read, the scammers secretly swap the businesses eftpos machine with one of their own when no-one is looking.

Or as below changed the pinpad so they can get customers details.

 

If your eftpos machine is working fine and you haven't phoned  to come and fix it... why would businesses fall for that one?

 

 The new machines are wireless.. it would be quite easy to pick that up and swap it without anyone noticing.

 

2012

A 33-year-old man is on trial in the District Court in Perth accused of involvement in a multi-million-dollar card skimming scheme involving customers of fast food company McDonald's.

The scheme led to a total of $3.5 million being taken out of the accounts of thousands of West Australians.

It is alleged Navaneeth Ponnabalam was one of many people who took part in the scheme, which involved swapping EFTPOS pin pads at McDonald's stores with ones that could record the bank details of customers.

The court was told customers who used the drive-through had details of their accounts copied by the machines and then money was withdrawn from their accounts interstate and overseas.

 

 

Message 24 of 51
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Online Fraud.

In the US they had paperless credit card transactions. We had to sign a little screen using a stylus. They wouldn't bother bringing that in here now for signatures.

Message 25 of 51
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Online Fraud.

Catmad.. re your online fraud.. did your bank not suggest you close that account and re-open a new one, as the scammers will still have your details and can use them again?

Message 26 of 51
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Online Fraud.


@purple_haize wrote:

Just something else to, that you may not be aware of, in some shops you just need to wave your card infront of the machine instead of putting in your pin or signing.....

 

My bank told me not to do it, as anyone can get your info doing it that way, and you will have no come back.......always use your pin or sign instead of waving your card.


You're with Bendigo Bank as you said in a previous post PH yet their site says this about Paywave/Paypass

 

Card security

Bendigo Bank takes card security seriously. So, you can rest assured that your Bendigo Visa® payWave card is safe and secure to use.

Global security standards
Your Bendigo Bank Visa card is embedded with secure encryption technology. This technology is compliant with global security standards which protects your card data when a contactless transaction is performed.

No PIN, no problem
Removing the need to enter a PIN or sign for a purchase under $100 allows for a quicker and easier transaction. And because your card remains in your possession throughout the transaction, your chances of fraud are reduced. Transactions over $100 will still require a PIN or signature.

Liability is on us
You will not be held liable for any transactions performed without your permission, as long as you
take reasonable care when using your card*. You must immediately notify Bendigo Bank in the event that your card is lost, stolen or you notice unauthorised transactions performed on your account.

*If your actions contributed to your loss then you may be held liable. For further information, please refer to the Terms and Conditions applicable to your account.

 

 

Interesting they'd advise you against whereas they promote it and consider it safe, most likely it was a Teller's personal opinion perhaps rather than the Banks policy.

 

That was for Visa cards the link I posted but it is the same for Mastercards on their site as well.

Message 27 of 51
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Online Fraud.

Cat contact your bank by telephone and ascertain that the email actually came from them.

 

I predict that it did not and that the original email is itself a scam to get you to change your password to one that the scammer will know

 

People be very aware of instructions in an email or a link in an email, regardless of how official it may look

I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.
Message 28 of 51
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Online Fraud.

Cat contact your bank by telephone and ascertain that the email actually came from them.

 

I predict that it did not and that the original email is itself a scam to get you to change your password to one that the scammer will know

 

People be very aware of instructions in an email or a link in an email, regardless of how official it may look

I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.
Message 29 of 51
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Online Fraud.

ooops !!!

I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.
Message 30 of 51
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