Hitler Reacts to Card Breaches
171 views • 5/14/2015
Hitler Reacts to data breaches and EMV
| 00:00 - 00:03 | As you can see our efforts to contain breaches from Target, Michael's and Home Depot via Global Rules have been largely successful |
| 00:04 - 00:05 | In state fraud from POS software breaches while sporadic can be troublesome but is not widespread at this time |
| 00:05 - 00:07 | We have been able to work with FI's to advise of BIN blocks for this type of fraud and have seen good results |
| 00:08 - 00:12 | At this time we have contained things as can best be expected |
| 00:12 - 00:15 | Keeping clients aware of ongoing trends is our biggest hurdle |
| 00:17 - 00:19 | You forgot Sally Beauty, we have that contained also |
| 00:24 - 00:26 | Boss |
| 00:27 - 00:28 | Sally Beauty |
| 00:31 - 00:33 | Sally Beauty had another breach into their POS system |
| 00:34 - 00:36 | They may have under reported their 1st breach and it could have hit all of their stores nationwide |
| 00:53 - 00:58 | Everyone that isn't a Rules Analyst, Fraud Consultant or Fraud Supervisor leave the room |
| 01:13 - 01:15 | These fucking merchants are the scum of the Earth. |
| 01:15 - 01:17 | They care nothing for losses to cardholders or FI's |
| 01:18 - 01:23 | They aren't qualified to secure a Netflix Password and we let them have customer account data |
| 01:25 - 01:28 | How can you have two breaches in less than one year. Who manages their IT? Peter Griffin? |
| 01:31 - 01:34 | If these ass-hats would take just the slightest care about information security these things would not happen |
| 01:34 - 01:37 | And when the counterfeit cards turn up at other merchants they take 0 effort toward stopping the fraud |
| 01:37 - 01:40 | How can you not have a system in place that shows the same card is at 4 different registers? |
| 01:40 - 01:42 | EMV will stop this |
| 01:42 - 01:46 | We neutered EMV because cardholders in this country are so stupid they can't be bothered to learn a PIN |
| 01:46 - 01:48 | But the chip is a great security measure that will make it more difficult to copy card data |
| 01:48 - 01:52 | And you fucking make it half useless by switching to chip and signature |
| 01:53 - 01:54 | Instead of chip and pin like the rest of the World |
| 01:56 - 01:57 | We have a chance to use tools that will make this fraud a thing of the past |
| 01:57 - 02:00 | Instead we decide that we will take steps to keep this sort shit going on |
| 02:00 - 02:03 | Because we won't tell people that they have to take measures to protect themselves |
| 02:04 - 02:08 | Safety measure can never be optional in this Country or people will not use them |
| 02:08 - 02:13 | People didn't stop driving cars because you made them wear seat belts |
| 02:14 - 02:16 | People won't stop using cards because you make them remember a 4 digit number |
| 02:17 - 02:21 | If the industry as a whole adopts the measures they will work |
| 02:27 - 02:29 | But that won't happen |
| 02:30 - 02:34 | One asshole will decide they can make a bit more margin by catering to the lazy cardholder |
| 02:34 - 02:36 | They will call it choice and convenience |
| 02:41 - 02:42 | But when you get down to it |
| 02:43 - 02:47 | It is just people being lazy |
| 02:48 - 02:53 | Then they'll say that the future is mobile payments |
| 02:54 - 02:56 | But we all know that unless everyone adopts one token |
| 02:56 - 02:59 | Platform that it will just be a mishmash of bad security standards |
| 03:00 - 03:02 | That lead to even more breaches in the future that are harder to control |
| 03:04 - 03:07 | It's okay I'll show you how to use Bolt$ to keep an eye on your card |
| 03:14 - 03:16 | Fuck it. Why even try |
| 03:19 - 03:23 | Just keep coming up with new rules that help react to the fraud |
| 03:25 - 03:26 | So we can get blocks out there as fast as possible |
| 03:31 - 03:33 | Breaches are never going away |
| 03:40 - 03:46 | And neither the cardholders or the merchants |
| 03:46 - 03:49 | Will take the steps needed to stop them |
| 03:53 - 03:56 | I give up |
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