AVS Vulnerabilities - Retailers beware

[john@stinkyink.]

Hi All,

Please read and inwardly digest this information AVS Vulnerablities in Card Processing.

What this means for retailers is that you can no longer rely on the acquiring bank authorisation based on the AVS details. BEWARE

[RuralWeb]

Another method of security is for the merchant to sign up for Verified by Visa or MasterCard SecureCode,” explains Goodwill. “However, this is also open to compromise as when a fraudster finds card details that have not been registered by the cardholder or 3D Secure the fraudster will simply register the card themselves, using a password of their choice.

This is the bit that has always amazed me about 3D

[john@stinkyink.]

It is impossible to implement if customers keep ringing up and placing orders over the phone instead of the flippin Internet - that's what it's there for!!!