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CyberArk Software (DACH) GmbH Kennedydamm 24 40476 Düsseldorf, Germany http://www.cyber-ark.com
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Charmaga brothers card fraud case highlights need for securing customer data says Cyber-Ark

(PresseBox) (Dedham, )
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
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.