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16 Aug 2011 10:11

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U.S.: Video: Three dozen dudes loot a 7-Eleven en masse, steal tons of stuff

  • It’s not a “flash mob,” but: Our friends at Gawker got caught up in the phrasing used to describe this mass robbery of a store that doesn’t usually close, but let’s make no mistake — dozens of kids running into a 7-Eleven and stealing crap without care is generally not a common occurrence. And for this one store in Germantown, Md., it’s a pain they know too well. source
Posted by Ernie Smith • 0 Comments • Permalink

18 Aug 2009 09:59

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Biz, Tech: How did the credit-card hackers do it? It was easy, actually.

  • A little malware here, a proxy server there … Albert Gonzalez and his Russian conspirators weren’t screwing around when they hacked the Gibson of a number of corporations, most notably 7-Eleven, and stole millions of credit card numbers. By targeting potential victims, learning the companies’ point of sale systems, and launching SQL-injection attacks to install malware, they were able to steal 130 million credit card numbers. They exploited bad security using crude methods for positive gain. source
Posted by Ernie Smith • 0 Comments • Permalink

12 Jul 2009 11:38

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Biz: Why 7-Eleven is fighting against bank card interchange fees

  • $6
    bucks     The average consumer’s purchase for the kind of food you eat at 3 a.m. in the morning when you have an unexpected hunger for congealed cheese; it’s a very low-margin racket
  • $150 million The amount that the chain is charged in card interchange fees each year – that’s up from $40 million just five years ago. Like the cheese, the bank card fees also congealed source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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