10 credit score truths and myths

If your personal information gets compromised, a thief will open up financial accounts in your name. However, they will not pay the bills, and this will ruin your credit.Whether bad credit results from the legitimate credit holder’s irresponsibility or from identity theft, your ability to buy a car, rent a nice place, purchase a home or even get employment can be severely stifled....more

67% of Companies Fail Credit Card Security Compliance

All merchants who accept credit cards are now subject to strict Payment Card Industry standards, rules, and regulations, which require a level of security that took about five years to finally implement.   PCI exists to increase credit card security and, among other goals, to stave off government intervention. While significant effort has been made to improve the security of credit card data processing, adequate attention has yet to be given to the identification, authentication, and accountability of cardholders.  ...more

Security Expert’s Credit Card Hacked

An excellent way to improve one’s level of security intelligence is to follow the writings of Robert X. Cringley, one of my favorite technology know-it-alls. Anyway, Cringley’s credit card was recently hacked. And if his card can be hacked, anyone’s can. Like many cardholders, Cringley received a notification from his credit card company’s fraud department, informing him that his card data was being used overseas, on an online dating website....more