funsec mailing list archives
Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start
From: "Thomas C. Greene" <thomas.greene () theregister co uk>
Date: Sat, 11 Mar 2006 11:41:48 -0500
On Saturday 11 March 2006 8:12 am, Florian Weimer wrote:
Could anybody explain to me why this is called a "scandal"? This round of problems seems to be related to questionable customer activities, and is not exactly the bank's fault.
The scandalous part is the fact that the identity of the outfit that caused this problem (OfficeMax suspected) is being withheld from the public. Whoever it was is being protected from the loss of customer confidence that they so richly deserve. Ironically, by circling the wagons like this, the credit associations and issuing banks are slightly undermining public confidence in the entire system, to avoid greatly undermining confidence in a single outfit. The company in question must be a very big customer, because this isn't the kind of trade-off they can afford to make every day. chrz, t. _______________________________________________ Fun and Misc security discussion for OT posts. https://linuxbox.org/cgi-bin/mailman/listinfo/funsec Note: funsec is a public and open mailing list.
Current thread:
- PIN Scandal "Worst Hack Ever;" Citibank Only The Start Richard M. Smith (Mar 10)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Florian Weimer (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Technocrat (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Florian Weimer (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Technocrat (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Florian Weimer (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Technocrat (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Florian Weimer (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Thomas C. Greene (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Florian Weimer (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Rob, grandpa of Ryan, Trevor, Devon & Hannah (Mar 11)
- Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start Brian Barrios (Mar 11)