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Fujitsu does damage control
March 23, 2006
Digital Transactions:In the game of assessing blame for the massive debit-card breach that has compromised an estimated 600,000 accounts, POS software developer Fujitsu Transaction Solutions Inc. last week found itself the recipient of unwelcome publicity when its name came up in a Visa USA alert about card security. This week, Fujitsu executives are engaged in damage control by disputing the Visa memo, which they say unfairly cast aspersions on their POS software. At the same time, the brouhaha is casting a spotlight on an obscure software module that has the ability to store card information.
Read also, System leak compromises debit cards, Debit-card fraud underscores legal loopholes and Debit card fraud losses may exceed $1 billion.
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