Canadian Man Stuck in Triangle of E-Commerce Fraud

Credit to Author: BrianKrebs| Date: Fri, 19 Jan 2024 15:34:53 +0000

A Canadian man who says he’s been falsely charged with orchestrating a complex e-commerce scam is seeking to clear his name. His case appears to involve “triangulation fraud,” which occurs when a consumer purchases something online — from a seller on Amazon or eBay, for example — but the seller doesn’t actually own the item for sale. Instead, the seller purchases the item from an online retailer using stolen payment card data. In this scam, the unwitting buyer pays the scammer and receives what they ordered, and very often the only party left to dispute the transaction is the owner of the stolen payment card.

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Save Money, Live Better (and Greener): Walmart Doubles Renewable Energy

Credit to Author: John Powers| Date: Mon, 18 Jun 2018 17:19:01 +0000

Thanks to Walmart suppliers, a reported 20 million metric tons of greenhouse gas emissions have been avoided in the last year as a result of Project Gigaton—an aggressive initiative with… Read more »

The post Save Money, Live Better (and Greener): Walmart Doubles Renewable Energy appeared first on Schneider Electric Blog.

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Detecting Cloned Cards at the ATM, Register

Credit to Author: BrianKrebs| Date: Mon, 14 May 2018 15:24:38 +0000

Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card’s magnetic stripe. But new research suggests retailers and ATM operators could reliably detect counterfeit cards using a simple technology that flags cards which appear to have been altered by such tools.

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