From ATM skimming to the Zeus malware, credit and debit cards are under increased attack by fraudsters, and organizations need to step up their efforts to protect their customers - and themselves. What steps can you take to avoid being the next payment card fraud victim?
Join Kimberly Peretti, former senior counsel with the U.S. Dept. of Justice, for her insider's tips on:
Trends in debit and other payment card thefts;
Lessons learned from the TJX, Hannaford and Heartland breaches;
What you can do to avoid being the next victim.
Ten years ago, the Department of Justice was prosecuting mischief-makers for defacing web pages. Today, federal prosecutors are targeting international crime rings behind such high-profile hacks as Heartland Payment Systems, which exposed an estimated 130 million consumer accounts.
"We've gone from card farms to card resellers to international hackers," says Kimberly Peretti, former senior counsel in the department's computer crime section.
Peretti, who played a prominent role in prosecutions against notorious international hackers such as Albert Gonzalez, offers an insider's view of financial data breaches. In this session, she will cover:
Background on carding: discussion on the current "carding scene," carding forums and carding activity (online, in-store, gift cards, PIN cashing).
Evolution of prosecutions: From carding forums in 2004 to major resellers in 2006, and now the new, international hacking rings - including the Gonzalez case.
What we know: Lessons learned from the breaches and the criminals, as well as emerging methods - and victims.
How we can respond: Emerging technologies and steps organizations can take today to minimize their exposure to financial data breaches.
Co-Lead, Cybersecurity Preparedness and Response practice, Alston and Bird, and Former DOJ Cybercrime Prosecutor
Peretti is a partner in the Alston & Bird, LLP law firm's white collar crime group and co-chair of its security incident management and response team. She is also a former director of PricewaterhouseCoopers' cyberforensic service practice and a former senior litigator for the Department of Justice's Computer Crime and Intellectual Property Section. While at the Department of Justice, Peretti led several benchmark cybercrime investigations and prosecutions, including the prosecution of the TJX hacker Albert Gonzalez, currently serving 20 years in prison for his role in the largest hacking and identity theft case ever prosecuted by the department.