Fraud

Storing customer credit card data is extremely risky, as highlighted by the case of a 28-year-old hacker who stole millions of records. The article strongly advises against businesses storing this sensitive information themselves. Instead, it recommends relying on payment providers to handle credit card data securely and mitigate the risk of large-scale theft.

Network Solutions experienced a security breach where malicious code compromised web servers, resulting in the theft of 573,000 credit card numbers over a three-month period. This attack, which went unnoticed by victims, highlights the vulnerability of online payment systems to sophisticated hacking techniques. The article advises individuals to regularly check their credit reports, recommending the official FTC website for free annual reports.