The Devastating Impact of Scam on Major Financial Institutions

A recent news story has put Citibank in the spotlight. According to CNN, New York Attorney General Letitia James is suing Citibank due to its alleged lack of scam protections for its customers. This is concerning because, for many people, the primary reason they entrust their money to a bank is the belief that it …

Albert Gonzalez: How To Get Rich In 2 years illegally (6/6)

What’s the latest update, on Albert Gonzalez? Is he enjoying a vacation on a beach somewhere? Is he currently serving time in a digital prison? Let’s dive into the events surrounding Gonzalez and see where reality intersects with the world. After being caught (link), Presently Gonzalez isn’t exactly living it up in cyberspace. Instead, he …

Albert Gonzalez: How To Get Rich In 2 years illegally (5/6)

Now let’s take a peek, behind the scenes and delve into the world of how they apprehended our cyber maestro, Albert Gonzalez. Brace yourself for a tale that combines elements of a detective story reminiscent of Sherlock Holmes and a touch of The Matrix. The investigation was set in motion by the cyber Avengers. The …

Albert Gonzalez: How To Get Rich In 2 years illegally (4/6)

As we are all aware things don’t always go according to plan. In the case of Albert Gonzalez the police had been keeping a watch on him for quite some time. Now let’s delve into the moment when the grand heist orchestrated by the cyber Avengers encountered a hurdle – it was, like witnessing a …

Albert Gonzalez: How To Get Rich In 2 years illegally (3/6)

How did Albert Gonzalez and his so called avengers team did it? Imagine this; You have Albert Gonzalez and his cyber team all set to conquer the world. But here’s the inside scoop, on their approach – it’s not your recipe for chocolate chip cookies; it’s like a highly classified formula for causing chaos. Of …

Albert Gonzalez: How To Get Rich In 2 years illegally (2/6)

It’s time to introduce you to the team of Albert Gonzalez (his early life). While many renowned hackers prefer to work Albert Gonzalez took an approach – he didn’t carry out his major heist by himself. No, he had a group, a team, a cyber gang if you will. These individuals were serious, about their …

Albert Gonzalez: How To Get Rich In 2 years illegally (1/6)

In the realm of cybercrime, Albert Gonzalez (wiki) made a statement; he claimed to have sold 1.7 million credit cards and ATM numbers in just two years. To put it into perspective that’s more plastic than you would come across after a Black Friday shopping spree! Now if you’re wondering who Albert Gonzalez is get …

Cardholder ID Method: Your Gateway to Victory and Amazing Outcomes

When I first began my career I had the belief that card present transactions did not grant issuers chargeback rights. However, as time went on, I discovered that they do have these rights and one crucial indicator is known as the Cardholder ID Method. What is the Cardholder ID Method? So what is the Cardholder …

Transactions at Point of Sale (POS): A Simple Guide

Have you ever thought about what happens when you use your credit or debit card (please refer here about how card transaction works) to purchase a restaurant or store? In this blog post, we will explain the concept of a point of sale (POS) transaction and how it works, shedding light on an aspect of …

Interchange Fee: Why and Where Your Card Money Goes

Have you ever been curious about what goes on behind the scenes when it comes to your credit card transactions and who benefits from them? One crucial piece of this puzzle is known as the “interchange fee.” In this blog post we’ll explore interchange fees, how they function and provide an example of how a …