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60,000 Credit Cards Numbers Stolen Online

Posted by timothy on from the send-your-number-here-to-check dept.

robl writes "140,000 credit card numbers were tested for validity yielding about 62,000 valid credit card numbers and $300,000 of fraudulent charges. A good quote: "There wasn't a system in place to say, 'you've generated 140,000 charges, that's more than your normal volume.'" As Schneier-heads would say, it's a brittle system -- when the security fails, it fails badly."

2 of 219 comments (clear)

  1. Now isn't this... by URoRRuRRR · · Score: 0, Troll

    Now isn't this the first time that a credit card # has been stolen from a website and used that we know of?

    With the ratio of transactions to thefts, net commerce is still reallllly safe. Unfortunately, things like this will be blown up so those who are holding back won't jump on board.

    --
    "Oh no, 3 horny women and only 2 condoms...Thank god I read slashdot"
  2. Re:Microsoft needs some new cards by Stephen+VanDahm · · Score: 1, Troll

    "Or maybe they're just rolling our the new MSN - 'Microsoft' Version of the English language..."

    That's correct -- it's called Microsoft Visual English .NET. It breaks compatibility with all currently existing spellcheckers, so you need to upgrade to Microsoft SpellChecker .NET, which only runs on Windows XP.

    For people that find English to be complicated, confusing, and outdated (Slashdot editors), Microsoft is also working on Visual English-Sharp .NET. It streamlines the paragraph development cycle by eliminating the need to make verbs agree with their subjects and adjectives agree with the nouns they modify.

    Very exciting stuff...