[Infowarrior] - Fwd: Banks told of security flaw with use of caller ID

Richard Forno rforno at infowarrior.org
Sun Aug 21 10:03:47 CDT 2011



Begin forwarded message:

> From: Monty Solomon 
> 
> Banks told of security flaw with use of caller ID
> By Hiawatha Bray
> Globe Staff / August 20, 2011
> 
> A Boston consumer advocate warned yesterday that JPMorgan Chase & Co. 
> and Bank of America Corp. make it too easy for data thieves to steal 
> personal information from their credit card customers.
> 
> Former Massachusetts assistant attorney general Edgar Dworsky, who 
> now runs the consumer education website Consumerworld.org, discovered 
> the flaw after reading a Globe story about "caller ID spoofing'' 
> services - Internet sites used to trick caller ID systems into 
> believing a call comes from a different phone number.
> 
> Identity thieves who know a customer's ZIP code and the last four 
> digits of his credit card number can use such services to pose as a 
> customer when calling an automated bank customer service line, 
> Dworsky said. Retail stores often print the last four numbers of a 
> credit card account on sales receipts, which a thief could recover 
> from the trash if discarded by the customer.
> 
> ...
> 
> http://www.boston.com/business/technology/articles/2011/08/20/banks_told_of_security_flaw_with_use_of_caller_id/
> 



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