law enforcement authorities

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  Smart Chips Still Slow to Catch on at U.S. CUs

  By David Morrison  |  September 14, 2011

  Despite the documented ability of smart chips to cut fraud losses, experts say some credit unions and CUSOs have not moved very quickly to start issuing credit and debit cards enabled with the higher tech chips.

• Michaels Stores Wrestling With Unusual Fraud Event

  By David Morrison  |  May 23, 2011

  Credit unions in 20 states will want to pay particular attention to their fraud alerts and protections after the Michaels retail chain announced they had experienced an ongoing card data breach.

• Michaels Stores Wrestling With Unusual Fraud Event

  By David Morrison  |  May 12, 2011

  The Michaels chain of arts and crafts stores is reporting a 20-state PIN pad fraud alert.

• Coreflood Botnet Shut Down

  By Natasha Chilingerian  |  April 27, 2011

  Federal agents seized and replaced five command and control servers and 29 domain names used by the botnet to hack financial accounts.

• U.S. Dept. of Justice Shuts Down Coreflood Botnet

  By Natasha Chilingerian  |  April 15, 2011

  The U.S. Department of Justice is shooting down Coreflood.