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Old 07-05-2010, 06:53 PM   #46
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Originally Posted by Kali Yuga View Post
Yeah, I have to generally agree with the Macrumors summary. As usual with all things Apple, it's likely to get hyped beyond all reason.

This pales in comparison to, say, someone nickel and diming $10 million from compromised credit cards, or stealing 45 million credit card numbers.

Of course this isn't a good thing, but in the grand scheme of things it's not a big deal.
Hey, I was one of those 45 million!
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Old 07-05-2010, 07:11 PM   #47
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Hey, I was one of those 45 million!
I was too, that's why I started this thread yesterday.

During that, a manager at my bank told me they had to replace almost all of the debit/credit cards at their bank (thousands) and they weren't the only bank involved. Millions of dollars in losses. Not a word on the news. You didn't find out until you were notified by the bank or noticed the losses. They want to keep it very quiet...

Last edited by vaughnmr; 07-05-2010 at 07:32 PM.
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Old 07-05-2010, 09:52 PM   #48
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A word about debit cards:

If your debit card has a MasterCard or Visa logo, and if you can "charge" purchases without entering a PIN number, anyone with your card or its number can wipe out your checking account. Also, if you continue to use the card after the account has been wiped out, your "overdraft protection" will kick in and you'll be charged $20-30 per overage. And, if you have written paper checks on this account, once it's wiped out, you'll have checks bouncing all over town at $20 or so a pop.

Never, ever, link your debit card to MasterCard or Visa, and never, ever sign up for "overdraft protection." Every purchase should require your PIN number. And when you overdraw the account accidentally, the clerk should tell you, "Sorry, but this purchase has been declined."

Lessons learned from experience, BTW. And even if the bank gives you credit for all of the purchases, those bounced check fees from retailers aren't going away.
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Old 07-06-2010, 04:32 PM   #49
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American Express actually called me, and asked if I made $400 worth of purchases at itunes (music). I checked with my daughter (boy, would she have been in trouble!), and found out they were fraudulent. AE immediately issued another card, and said they had a lot of trouble with this. It was about a month ago for me.
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Old 07-06-2010, 06:40 PM   #50
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And this is why B&N's "social DRM", tied to a valid credit card, gives me the heebie-jeebies.
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Old 07-06-2010, 09:58 PM   #51
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And this is why B&N's "social DRM", tied to a valid credit card, gives me the heebie-jeebies.
Oh, please. Your credit card number can get nailed just about anywhere, and B&N's system does allow you to change your CC.

Turns out that only 400 iTunes accounts were compromised. Even if this is off by a factor of 10, this is a pretty puny scam.
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Old 07-06-2010, 10:59 PM   #52
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Originally Posted by Kali Yuga View Post
Oh, please. Your credit card number can get nailed just about anywhere, and B&N's system does allow you to change your CC.

Turns out that only 400 iTunes accounts were compromised. Even if this is off by a factor of 10, this is a pretty puny scam.
400 * $500 = $800000.00
4000 * $500 = $8000000.00

Not a puny scam by any accounts. And Apple not coming out and giving a forceful statement that the problem is limited point to a bigger problem.
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Old 07-06-2010, 11:45 PM   #53
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Just amazed at how insecure your digital data really is, even with huge companies like Apple. This will not help increase consumer confidence for purchasing online, that's for sure.
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Old 07-07-2010, 02:24 AM   #54
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And this is why B&N's "social DRM", tied to a valid credit card, gives me the heebie-jeebies.
Sorry, why does it? It's tied to a credit card number; there's no requirement that the card be valid after you've bought the book.
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Old 07-07-2010, 06:26 AM   #55
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here's no requirement that the card be valid after you've bought the book.
Tell that to the Nook owner on the B&N boards who was locked out of all her books because her husband didn't mail the credit card payment on time.
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Old 07-07-2010, 07:40 AM   #56
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Tell that to the Nook owner on the B&N boards who was locked out of all her books because her husband didn't mail the credit card payment on time.
how could that happen? once they are purchased, they are purchased. they aren't rented
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Old 07-07-2010, 07:42 AM   #57
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Tell that to the Nook owner on the B&N boards who was locked out of all her books because her husband didn't mail the credit card payment on time.
Certainly; I'd be happy to. Would you like to give me the person's e-mail address?

The credit card number is used purely as the encryption key for the books. Nothing more. What you describe is simply not possible.
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Old 07-07-2010, 08:52 AM   #58
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More information is emerging about the recent iTunes App Store issues. This article by The Register suggests that around 400 accounts were compromised, and that logon credentials were obtained by a phishing attack; the security of the iTunes Store itself was not hacked.
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Old 07-07-2010, 09:17 AM   #59
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Originally Posted by Dopedangel View Post
400 * $500 = $800000.00
4000 * $500 = $8000000.00

Not a puny scam by any accounts. And Apple not coming out and giving a forceful statement that the problem is limited point to a bigger problem.
I'm going to have to call you on the math there, Dopedangel.

400 * $500 = $200,000.00
4000 * $500 = $2,000,000.00

Still not puny.
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Old 07-07-2010, 09:39 AM   #60
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More information is emerging about the recent iTunes App Store issues. This article by The Register suggests that around 400 accounts were compromised, and that logon credentials were obtained by a phishing attack; the security of the iTunes Store itself was not hacked.
Probably the most directed example of a phishing attack that I've read about:
Guy sends out fake iTunes related emails
Guy gets people to click
Guy steals account info
Guy uses everyones account info to...buy his app
App goes to top 10 list in that category
?
Profit?
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