A man accused of being one of the most prolific sellers of credit-card data has been charged with participating in the brazen hack of RBS WorldPay in 2008 that funneled about $9.4m out of the payment processor in just 12 hours. Vladislav Anatolievich Horohorin, 27, was already in the custody of French police following his arrest …
And the banks claim their systems are infallible.
Whenever a card user challenges a banks statements veracity, the banks regard the complainant with utter disdain and as some deranged inmate from the local 'fruit and nut' centre.
Yet we continually read of these technically gifted alleged criminals who bleed the system in a well publicised history of their exploits.
There seems to be a 'disconnect' between the banks and reality and we, the customers, get taken by the banks denial as well as added costs of using cards because of this fraud.
it's even worse than that
the banks get to decide whether to report it to the police - if you go to the police station yourself, they simply send you to the bank
the banks, of course, refuse to report it and try to blame you
My understanding is banks are generally responsive to this kind of thing. I know of at least three incidents of card fraud (including current accounts) from colleagues and friends and all were reimbursed without too much hassle. Maybe you've had a different experience
String him up...
Hang him high!
What's robbing a bank
compared to owning one?
@copy; K Marx