RealNews

Secret hackers to aid war on internet fraud

FEARS that small online retailers are the weakest link in the fight against internet fraud have prompted MasterCard, the global payment scheme group, to set up secret teams of hackers to test security systems in the sector. The Times has learnt that the project, named Site Data Protection (SDP), will go live in May and will target online outlets that fail to comply with appropriate levels of internet security. SDP teams will be recruited by the banks that have relationships with online merchants whose systems do not come up to scratch. Brian Morris, head of e-business solutions at MasterCard, said that while large online retailers had robust internet security systems, small and medium-size enterprises (SMEs) “could benefit from the assistance”. Full Story

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