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Polo Ralph Lauren has finally repaired a software bug that set off an alert about the theft of credit card information, the Associated Press reports. An organized supply chain has developed among the criminals using online attacks to steal credit card numbers and other sensitive data, according to Teros President and CEO Bob Walters. Regular readers of SC's Opinionwire will recall me wibbling on about how credit and debit card issuers are moving steadily towards PIN-based authorization of transactions. In this article, the concept of 'data responsibility' is proposed, a concept which requires the realization that - in the modern electronic age - owners and users of information which may be regarded as private (credit card details and other personally identifiable information) must take some responsibility for the guardianship of this information.

Saflink is a well-known and well-respected company within the biometrics arena, with many successful customized implementations to its credit. It seems like a natural progression, therefore, for it to bring its experience and expertise to the broader commercial product area.

Another internet banking security blunder has been revealed, leaving users able to view each others' credit details. The UK's biggest national investigation into identity fraud has kicked off in partnership with five of the six largest British banks and three of the four largest mobile operators. Five of the seven largest credit card issuers and two of the largest online and offline retail consumer finance companies in the country will also contribute to the study. From the early days of the Internet, credit and charge card companies recognized the enormous opportunities presented to them - but they also saw challenges ahead. From the early days of the internet, credit and charge card companies recognized the enormous opportunities presented to them - but they also saw challenges ahead. Chip and PIN is on the minds of IT managers looking for EMV certification, finance directors seeking protection from credit card fraud, and store managers wanting to speed up the transaction process to reduce queuing times. Swiss Bank Credit Suisse has signed a deal with managed services company Ubizen to provide a monitoring service of the bank's intrusion detection systems (IDS). Trotting through the shiny new airport terminal in Brussels recently, I was surprised to be asked to verify my credit card purchases in the duty-free shop with a PIN instead of a signature. Credit unions are increasingly becoming a target of phishing scams, according to the latest report from the Anti-phishing Working Group. Take another look at that replacement credit card from your bank. A 425-pound computer hacker with a huge appetite for identity theft has been sentenced to 14 years in prison for his part in the biggest case of credit card fraud in US history. Credit Agricole, the number one rated bank in France, has implemented a PKI and smart card-based strong authentication system to beef up access security for its employees and corporate banking customers.