The Passcode to Hack Most Credit Card Readers

About 90 percent of checkout payment card readers, like those implicated in last year’s string of retailer data breaches, currently use the same password. Reason: The default setting hasn’t been changed – either by its manufacturer, middlemen vendors or retailer clients that purchase the devices. That’s the stunning conclusion after researchers from cybersecurity firm Trustware examined point-of-sale (POS) card readers at 120 retailers nationwide. “No one is changing the password when they set this up for the first time; everybody …

1 in 4 Didn’t Notice ID Theft for at Least 2 Years. Would You?

Identity theft is fast-moving. Are you asleep at the wheel? The sooner ID theft is discovered, the easier it is to repair the damage. And yet, 1 in 4 people did not know they were victims until at least two years later, according to the Identity Theft Resource Center (ITRC). That’s more than enough time to destroy your financial life and start a new one on your dime. Sixteen percent of 201 people from 39 states who contacted the ITRC in …

The Night My Smartphone Was Stolen

by Marlene Fanta Shyer I was waiting for the light to change on a corner of Times Square when I felt a jostle. My tote, which I always hold as close as a papoose, was open, but everything inside is always sealed behind zippers. My new smartphone, though, with its red battery protector/charger, was a beacon in its sleeve, just pleading to be snatched. Sure enough, I spun around and there were two teenagers, a boy and a girl, standing there, trying …