The jailing of three brothers in London on charges of scamming credit and debit card companies of more than 600,000 pounds highlights the need for companies to be take extreme care when handling customer's financial details, says Cyber-Ark, the digital data vaulting expert.
The Charmaga brothers case, says Mark Fullbrook, Cyber-Ark's UK and Ireland director, in which the three men created a raft of fake payment cards - using data sourced through illegal channels - and used them to draw cash from ATMs, as well as make luxury goods purchases, shows how valuable stolen card data can be.
"Card fraud
The Charmaga brothers case, says Mark Fullbrook, Cyber-Ark's UK and Ireland director, in which the three men created a raft of fake payment cards - using data sourced through illegal channels - and used them to draw cash from ATMs, as well as make luxury goods purchases, shows how valuable stolen card data can be.
"Card fraud
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