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Michigan Convenience Chain Latest Apparent POS Fraud Victim

Written by Evan Schuman
November 23rd, 2006
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More in-store POS-related security reports surfaced this week, with a Mchigan convenience store chain, the latest to apparently be hit. This is the latest in a series of well-publicized retail victims, including OfficeMax as well as Dollar Tree and Sam’s Club.

The latest incident reportedly involves Wesco, a gas station and convenience store chain with 51 locations in Michigan. Computerworld reported this week that several financial institutions canceled thousands of credit and debit cards in Michigan because of fraud concerns related to the retailer’s apparent data compromise. Wesco’s Web site confirmed “the possibility of credit card fraud associated with card use at our facilities” and that the U.S. Attorney’s Office and the Secret Service were investigating transactions between July 25 through Sept 7, 2006.

Posted in IT Strategy/Industry, Mobile/Wireless/Contactless, Payment Systems, Security/Fraud
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