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Chip-based credit cards have
dramatically reduced fraud in Canada, but researchers expose new security gap
The EMV standard - or the smart cards created by Europay,
Mastercard and Visa that store data on integrated circuits - has been
implemented in Canada and around the world as means to beef up security. Since
its introduction, it has been credited with reducing credit card and
debit card fraud, between 2008 and 2014, by 68.37 per cent 89.49 per cent
respectively.
But researchers have found a new flaw
in chip-based credit cards that could leave many consumers exposed to potential
theft. According to
CNN Money, payment-technology company NCR demonstrated at the Black Hat
computer security conference last week how thieves can rewrite the
magnetic-stripe code also found on the cards and confuse machines being used in
transactions into ignoring the security measure. NCR said this method of
getting around the chip technology is possible because retailers are upgrading
their payment machines without encrypting the transaction.
ca.yahoo.com
Two months after first strike against Visa, Walmart
mum on follow-up
On June 11, Walmart launched a shocker when it
made a bold pledge to stop accepting Visa at its more than 400 Canadian
stores. That left Canadians waiting and wondering when their Visa cards will be
rejected at their neighbourhood Walmart.
But close to two months later, the
retail giant has only made one small move: On July 18, it dropped the credit
card from its three locations in Thunder Bay, Ont., whose population is slightly
over 100,000. Walmart announced the countrywide ban to protest what it calls
Visa's "unacceptably high" merchant fees. But the delay in any action beyond
Thunder Bay leads some business experts to suspect that - with Visa not yet
giving in - Walmart may be close to backing down.
cbc.ca
K-Mobile To Hire 100 Syrian
Refugees to Work in 250 New Stores
Today the founder and Chief Executive
Officer of K-Mobile, Shami Munir, joined with Ontario's Premier and MPP Don
Valley West Kathleen Wynne at the grand opening of Canada's first K-Mobile
store, to announce that 100 Syrian refugees will be hired as employees once the
company expands to 250 stores across the Greater Toronto Area.
newswire.ca
Former Ben Moss employee
cut without severance, files complaint
Dozens of full-time employees were
laid off at the Ben Moss Jewelers head office in Winnipeg, as the company
prepares to close its 54 locations across the country. "I wasn't expecting it
this soon, it blindsided me, I was in shock," said Sime, who was ensured her job
in accounting would be safe until the end of the year. Sime about the 26 other
employees let go by the company last week. According to those former employees,
the company cut off their pay on the same day they were given termination
letters and did not offer severance packages. She has filed a complaint with the
Manitoba Labour Board and said since then a dozen more former Ben Moss employees
have followed her lead. ctvnews.ca
Toronto police raid 3
marijuana dispensaries
As governments lay groundwork for legal recreational pot next spring, Toronto
police keep raiding medicinal marijuana dispensaries and want the public to help
them continue. Officers
raided
three dispensaries Monday, seizing 21.5 pounds of pot products, $15,841.05
in cash and laying Criminal Code drug charges against six men.
thestar.com
Aritzia to open
second-largest Canadian location this month
 Grande
Prairie tops list of most dangerous cities in Canada
For the second straight year, Grande Prairie was the worst among
Canada's 100 largest cities and police districts, according to a Maclean's
analysis of Statistics Canada's collection of police-reported figures. Not only
has Grande Prairie long been more violent than Alberta's largest city, and the
nation, but crime has surged 64 per cent since bottoming in 2010. The city was
Canada's worst in both non-violent crime and violent crime in 2015, which taxed
an understaffed local RCMP force and eroded citizen confidence that Grande
Prairie was safe.
Grande
Prairie scored triple the Canadian average on the StatsCan measure, which weighs
reported crimes by their seriousness, giving more heft to the worst offenses,
such as murders, robberies and serious assaults.
macleans.ca
Cold Lake, AB: 7-Eleven
fight leads to deadly car chase
Mounties received a complaint about a
fight involving two men at a 7-Eleven, where a man who appeared to be
intoxicated was allegedly waving a knife, RCMP said in a press release. The
armed man drove away in the SUV before RCMP arrived at the convenience store.
An RCMP member then located the SUV on Highway 28 and attempted to
conduct a traffic stop, but the man failed to stop and began to drive
erratically. Moments later, the officer came across the
two-vehicle collision involving the SUV and the truck. The SUV was in a ditch,
and the driver - a 36-year-old man whose name will not be released - was
declared dead on scene.
ctvnews.ca
Whitehorse store owner credits police
for quick response to break-in
The owner of a downtown Whitehorse business says his store's
security system - and a quick response by local police - helped thwart an
attempted robbery early Sunday morning.
cbc.ca
Grande Prairie, AB: Two
charged in violent convenience store robbery
Sidney, BC: Drunk man with mental
health issues takes child from Save-on-Foods grocery store
St. John's, NL: Man sought in
early-morning armed robbery spree of two stores
Robberies & Burglaries
Ayer Convenience - Moncton,
NB
Circle K - St John's, NL
City Pawn - West Kelowna, BC
Hollywood Deli - Rutland,
BC
Jolly Giant Convenience Store - Campbell River, BC
Mac's Convenience -
Morinville, AB
Meadia Solutions -
Whitehorse, YT
Shell - Hague, SK
Shoppers Drug Mart -
Nanaimo, BC
Subway - Barrie, ON
Ultramar - St. John's, NL
Unnamed Business - Tweed, ON
Unnamed Gas Station -
Saskatoon, SK
Unnamed Gas Station -
Saskatoon, SK
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