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Concerned about Credit Card Security? If You're Not, You Should Be New York

Cybercrime is on the rise in New York, and even though security measures have become more sophisticated than ever, so has the resourcefulness of hackers in finding their way around them.

Local Companies

Anthony B. Smolen, Jr., CPA
(716) 834-6111
3949 Forest Park Way 100
N. Tonawanda, NY
Bank of America - Niagara Falls Boulevard Office
(716) 833-3330
1188 Niagara Falls Blvd.
Tonawanda, NY
Bank of America - Payne Avenue Office
(716) 694-2551
1012 Payne Ave.
North Tonawanda, NY
Bank of America - South Side Office
(716) 822-4601
2221 Seneca St.
Buffalo, NY
Bank of Holland
(716) 537-2264
12 South Main St.
Holland, NY
Citizens Bank - Mid City Plaza/Tops
(716) 692-4397
301 Meadow Dr.
North Tonawanda, NY
Citizens Bank - Niagara St./Tops
(716) 693-2658
150 Niagara St.
Tonawanda, NY
Citizens Bank - South Park-Buffalo/Tops
(716) 826-0500
1989 South Park Ave.
Buffalo, NY
Citizens Bank - Tonawanda
(716) 693-2440
20 Main St.
Tonawanda, NY
Citizens Bank - Young St.-Tonawanda/Tops
(716) 693-7285
890 Young. St.
Tonawanda, NY
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Cybercrime is on the rise, and even though security measures have become more sophisticated than ever, so has the resourcefulness of hackers in finding their way around them. While credit card fraud due to lost or stolen credit cards has been going down over the past five years, losses from stolen credit card information is on the rise, as are losses from identify theft.

A watershed event was a so-called “zero day attack” launched by cybercriminals in December 2008. “Zero day” means that the attack exploits a security vulnerability on the exact day on which the vulnerability is exposed. The software company then has “zero days” to issue a patch to fix it. In December, cybercriminals managed to exploit a vulnerability in Internet Explorer 7 to enter into unsuspecting consumers’ computers through the back door. The security flaw enabled hackers to use hidden computer code, which they injected into more than 10,000 perfectly legitimate websites, to take over victim’s machines and infect them with malware and spyware. Hackers could then remotely activate malware to, e.g., steal the computer user’s passwords, credit card numbers and other vital personal information.

Although Microsoft took quick action to patch the breach, zero day attacks are some of the most worrisome security breaches to come along in decades. Not only was the assault huge, but more disturbingly, this was an entirely new avenue through which malware was introduced onto the computers of unsuspecting internet browsers. ...

Click here to read the full credit card article from CreditCard Guide.

Featured Local Company

Anthony B. Smolen, Jr., CPA

(716) 834-6111
3949 Forest Park Way 100
N. Tonawanda, NY
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