NTT Cash Card Falls Victim to Hacking

["Fergie" <fergdawg () netzero net>]

Via UPI.

[snip]

> From taking to prepaid cards from their early years to encouraging
people to use mobile phones to purchase everything from train tickets
to coffee, Japan has been quick to embrace the concept of a cashless
society. Yet that openness to new models of paying for goods and
services has backfired, as the country's telecommunications giant
announced Tuesday that tens of thousands of its electronic money
account holders' information had been leaked.

NTT Card Solution, a subsidiary of telecom giant NTT, reported that a
hacker had broken into the server of its Net Cash network and gained
access to about 81,105 accounts.

In a statement, the company apologized to its clients and added that it
has already stopped selling more cards and terminated all transactions
that could be done by existing cards. So far, about $28,318 (3.27
million yen) has been abused as a result of the hacking, NTT Card
Solution reported, and it is working closely with the police to find
out who had broken into the system in the first place.

[snip]

More:
http://www.upi.com/Hi-Tech/view.php?StoryID=20060620-120144-1288r

- ferg


--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg () netzero net or fergdawg () sbcglobal net
 ferg's tech blog: http://fergdawg.blogspot.com/


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