funsec mailing list archives
Re: PIN Scandal "Worst Hack Ever;" Citibank Only The Start
From: "Rob, grandpa of Ryan, Trevor, Devon & Hannah" <rMslade () shaw ca>
Date: Sat, 11 Mar 2006 12:01:18 -0800
From: "Thomas C. Greene" <thomas.greene () theregister co uk> Date sent: Sat, 11 Mar 2006 11:41:48 -0500
The scandalous part is the fact that the identity of the outfit that caused this problem (OfficeMax suspected) is being withheld from the public.
But this is far from being news. In security, we are constantly faced with the holdover from "security by obscurity" in combination with the "don't admit problems" mentality from the corporates. Trying to getting a read on this situation is frustrating, yes. There seem to be a huge number of stories around debit cards, PINs, and ATMs right at the moment. Given the coincidental timing, one might suspect that they are all aspects of a) a major breach, or b) some new technology, but we won't know for sure for some time while everyone is trying to keep quiet about it.
Whoever it was is being protected from the loss of customer confidence that they so richly deserve.
It is rather ironic that Citibank is involved in the major story: Citibank was the outift that a) got hit, b) did pretty much everything right and kept the damage under control, c) decided to announce it, and use the fact that they had dealt with it properly as a selling point, and d) got hammered in the market. I suppose you can't blame them for being less than forthcoming this time around. ====================== (quote inserted randomly by Pegasus Mailer) rslade () vcn bc ca slade () victoria tc ca rslade () sun soci niu edu The truth shall make ye fret - Terry Pratchett http://victoria.tc.ca/techrev or http://sun.soci.niu.edu/~rslade _______________________________________________ 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)