Peterborough - Possibly had my Card Scammed (1 Viewer)

[GJH]

On a regular basis all fraud reporting would go to the banks board and they would often request solutions and reduction strategy.
Any large fraud would trigger an incident report and that would be referred to the CEO and the executive responsible and product owner. They would try and migrate 'non preventable fraud' to 'preventable fraud' thus making as much fraud to be accountable and failure a sackable action.

I wouldn't normally have shared as much information, but I get rather angry when something I devoted a large part of my working life is dismissed. The vast majority of the staff I employed always went the extra mile for me and the victims of fraud. Even after having left 10 years ago they still keep in touch. I am proud of each one of them, even the one who works for the inland revenue in NZ.

Rant over.

That's fair enough, Dave, and nobody denies that staff trying to prevent fraud work hard to do so.

However, we keep coming back to the same point which is that the cause of much of the cloning we "ordinary" mortals suffer is not only preventable but is only possible because the card issuers deliberately allow security measures to be bypassed. The card issuers know this and they know they could prevent virtually all (if not all) of it if they wanted to.

The trouble is that the card issuers also know that it would reduce throughput, and consequently profits, made by themselves and the large customers that they pander to in allowing the security breach in the first place. In other words they treat we "ordinary" mortals with contempt because they deny all responsibility to compensate us for anything other than the cash amounts taken; they don't give a damn what inconvenience we may suffer through having to replace cards and deal with the consequences of temporarily reduced account balances.

It might not be so bad if they were actually honest about their policy. The card issuers regularly trumpet about how secure their Chip & Pin and CVV systems are but say nothing at all about the fact that they deliberately allow those systems to be bypassed. They even try to deny it when confronted unless one is tenacious.

Oh for a Freedom of Information Act which applied to the private sector as well as the public.

 

[ShiftZZ]

That's fair enough, Dave, and nobody denies that staff trying to prevent fraud work hard to do so.

However, we keep coming back to the same point which is that the cause of much of the cloning we "ordinary" mortals suffer is not only preventable but is only possible because the card issuers deliberately allow security measures to be bypassed. The card issuers know this and they know they could prevent virtually all (if not all) of it if they wanted to.

The trouble is that the card issuers also know that it would reduce throughput, and consequently profits, made by themselves and the large customers that they pander to in allowing the security breach in the first place. In other words they treat we "ordinary" mortals with contempt because they deny all responsibility to compensate us for anything other than the cash amounts taken; they don't give a damn what inconvenience we may suffer through having to replace cards and deal with the consequences of temporarily reduced account balances.

It might not be so bad if they were actually honest about their policy. The card issuers regularly trumpet about how secure their Chip & Pin and CVV systems are but say nothing at all about the fact that they deliberately allow those systems to be bypassed. They even try to deny it when confronted unless one is tenacious.

Oh for a Freedom of Information Act which applied to the private sector as well as the public.

An online merchant is not obliged to require the CVV2. However, card payments with CVV2s can result to lower interchange rates (merchant fees). Below is a comparison of VISA Interchange Rates in the UK market:

Immediate Credit and Charge
Debit Deferred Card Debit
Card Not Present (CNP) £0.18 1.30% 1.55%
Card Not Present (CVV2) £0.105 1.10% 1.35%

Although Amazon does not require the CVV nor 3DSecure, it does its own fraud detection and rating.

Amazon's 1-click emphasis is on convenience and this has worked quite well for Amazon. More and more merchants, payment service providers and even card schemes are also now giving more importance to convenience (means to pay) as long as the fraud rate of online payments is manageable.

https://www.quora.com/How-is-Amazon-able-to-process-payments-without-asking-for-a-CVV-number

Interesting site.



Also
http://www.fakenamegenerator.com/gen-male-en-uk.php

Which produces
Jacob Bennett
47 Osborne Road
KINGSCAVIL
EH49 4YQ
Curious what Jacob means? Click here to find out!

Mother's maiden name
Gibson
NINO
TY 84 89 77 B
You should click here to find out if your NINO is online.
Geo coordinates
55.909667, -3.696807
Phone
Phone
077 7753 9088
Country code
44
Birthday
Birthday
November 12, 1940
Age
75 years old
Tropical zodiac
Scorpio
Online
Email Address
JacobBennett@inbound.plus
This is a real email address.
Username
Clun1940
Password
ezoJoh8oo
Website
GangStats.co.uk
Browser user agent
Mozilla/5.0 (Windows NT 6.1; WOW64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/49.0.2623.110 Safari/537.36
Finance
Visa
4916 9147 3390 6033
Expires
3/2020
CVV2
662
Employment
Company
Wilson's Jewelers
Occupation
Perioperative nurse
Physical characteristics
Height
5' 5" (165 centimeters)
Weight
188.8 pounds (85.8 kilograms)
Blood type
A+
Tracking numbers
UPS tracking number
1Z 290 346 08 6937 846 3
Western Union MTCN
6228603534
MoneyGram MTCN
77005974
Other
Favorite color
Blue
Vehicle
2004 Saab 9-7X
GUID
e2462d73-036a-404d-810b-30b39e2adbf9
QR Code
Click to view the QR code for this identity

Or

Abbie Shepherd
24 Souterhead Road
LOW MOOR
BD12 8XJ
Curious what Abbie means? Click here to find out!

Mother's maiden name
O'Brien
NINO
CS 45 33 20 A
You should click here to find out if your NINO is online.
Geo coordinates
53.63909, -1.788055
Phone
Phone
077 8704 5384
Country code
44
Birthday
Birthday
March 6, 1946
Age
70 years old
Tropical zodiac
Pisces
Online
Email Address
AbbieShepherd@inbound.plus
This is a real email address.
Username
Epaid1946
Password
Thoh8phu
Website
HighDefinitionNetworks.co.uk
Browser user agent
Mozilla/5.0 (Macintosh; Intel Mac OS X 10_11_4) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/49.0.2623.112 Safari/537.36
Finance
Visa
4485 2211 1220 0116
Expires
1/2020
CVV2
906
Employment
Company
Franklin Music
Occupation
Bucker
Physical characteristics
Height
5' 5" (166 centimeters)
Weight
153.8 pounds (69.9 kilograms)
Blood type
O+
Tracking numbers
UPS tracking number
1Z 82W 046 22 9549 062 6
Western Union MTCN
5834653438
MoneyGram MTCN
12909442
Other
Favorite color
Brown
Vehicle
2001 BMW Z9
GUID
9d64b5b8-da61-489d-9ce6-36a025a500fe

 

[gus-lopez]

Chip & pin was compromised from the outset by having details on the strip to allow the Americans to use there cards in Europe.

^{_{Subscribers  do not see these advertisements}}

 

[GJH]

An online merchant is not obliged to require the CVV2. However, card payments with CVV2s can result to lower interchange rates (merchant fees). Below is a comparison of VISA Interchange Rates in the UK market:

Immediate Credit and Charge
Debit Deferred Card Debit
Card Not Present (CNP) £0.18 1.30% 1.55%
Card Not Present (CVV2) £0.105 1.10% 1.35%

Although Amazon does not require the CVV nor 3DSecure, it does its own fraud detection and rating.

Amazon's 1-click emphasis is on convenience and this has worked quite well for Amazon. More and more merchants, payment service providers and even card schemes are also now giving more importance to convenience (means to pay) as long as the fraud rate of online payments is manageable.

https://www.quora.com/How-is-Amazon-able-to-process-payments-without-asking-for-a-CVV-number

Interesting site.



Also
http://www.fakenamegenerator.com/gen-male-en-uk.php

Which produces
Jacob Bennett
47 Osborne Road
KINGSCAVIL
EH49 4YQ
Curious what Jacob means? Click here to find out!

Mother's maiden name
Gibson
NINO
TY 84 89 77 B
You should click here to find out if your NINO is online.
Geo coordinates
55.909667, -3.696807
Phone
Phone
077 7753 9088
Country code
44
Birthday
Birthday
November 12, 1940
Age
75 years old
Tropical zodiac
Scorpio
Online
Email Address
JacobBennett@inbound.plus
This is a real email address.
Username
Clun1940
Password
ezoJoh8oo
Website
GangStats.co.uk
Browser user agent
Mozilla/5.0 (Windows NT 6.1; WOW64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/49.0.2623.110 Safari/537.36
Finance
Visa
4916 9147 3390 6033
Expires
3/2020
CVV2
662
Employment
Company
Wilson's Jewelers
Occupation
Perioperative nurse
Physical characteristics
Height
5' 5" (165 centimeters)
Weight
188.8 pounds (85.8 kilograms)
Blood type
A+
Tracking numbers
UPS tracking number
1Z 290 346 08 6937 846 3
Western Union MTCN
6228603534
MoneyGram MTCN
77005974
Other
Favorite color
Blue
Vehicle
2004 Saab 9-7X
GUID
e2462d73-036a-404d-810b-30b39e2adbf9
QR Code
Click to view the QR code for this identity

Or

Abbie Shepherd
24 Souterhead Road
LOW MOOR
BD12 8XJ
Curious what Abbie means? Click here to find out!

Mother's maiden name
O'Brien
NINO
CS 45 33 20 A
You should click here to find out if your NINO is online.
Geo coordinates
53.63909, -1.788055
Phone
Phone
077 8704 5384
Country code
44
Birthday
Birthday
March 6, 1946
Age
70 years old
Tropical zodiac
Pisces
Online
Email Address
AbbieShepherd@inbound.plus
This is a real email address.
Username
Epaid1946
Password
Thoh8phu
Website
HighDefinitionNetworks.co.uk
Browser user agent
Mozilla/5.0 (Macintosh; Intel Mac OS X 10_11_4) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/49.0.2623.112 Safari/537.36
Finance
Visa
4485 2211 1220 0116
Expires
1/2020
CVV2
906
Employment
Company
Franklin Music
Occupation
Bucker
Physical characteristics
Height
5' 5" (166 centimeters)
Weight
153.8 pounds (69.9 kilograms)
Blood type
O+
Tracking numbers
UPS tracking number
1Z 82W 046 22 9549 062 6
Western Union MTCN
5834653438
MoneyGram MTCN
12909442
Other
Favorite color
Brown
Vehicle
2001 BMW Z9
GUID
9d64b5b8-da61-489d-9ce6-36a025a500fe

Yes, I appreciate all that but it simply doesn't matter what security checking Amazon, or any other company, undertakes as a substitute for CVV nor 3DSecure. The fact that the card issuers allow retailers that option means that they have introduced a way of bypassing their own security. That, in turn, means that the bypass route can be exploited by criminals. Close the bypass route and the opportunity for it to be used for fraud disappears.

 

[canopus]

Update - New debit card arrived today. The three fraudulent payments of £496, (total £1488) which were pending, may well have been intercepted looking on line, but will await confirmation from the bank.

 

[ShiftZZ]

Chip & pin was compromised from the outset by having details on the strip to allow the Americans to use there cards in Europe.

Run me that one again?

^{_{Subscribers  do not see these advertisements}}

 

[gus-lopez]

Run me that one again?

My understanding was that all details are on the magnetic strip . This had to be done to allow the americans, who weren't ( & still aren't) using chip & pin but still signing , to use their cards.
Therefore it was flawed from the outset.