My wife and I recently returned from one of the best vacations of my life, bareboating around the British Virgin Islands with another couple, when I found we were victims of credit card fraud taking place on the other side of the country.
It was a lousy way to end a vacation. Worse, I had promised my wife and friends that I wouldn’t bring along my laptop or check my cellphone.
Because I couldn’t look in on my bank account, the fraudsters were able to get away with the crime for almost a week.[ Deep Dive: How to rethink security for the new world of IT. | Discover how to secure your systems with InfoWorld’s Security newsletter. ]
My bank account was full of two dozen small, fraudulent transactions, mostly at the same three or four businesses in California, located about 40 miles from where we’d visited a few months ago.
The transactions were on my wife’s debit card.
She was still in control of the card, so we determined the card numbers and information had either been physically skimmed or stolen as part of a compromised batch from a physical or online vendor.
Criminals routinely print counterfeit cards using stolen card info. To read this article in full or to leave a comment, please click here