Credit Card Security System Can Aid In Combating Terrorism

Removing Card Data Cuts Off Money Source

Las Vegas (August 16, 2007) – Credit card theft is an international security threat. The Department of Homeland Security, the FBI, and other agencies report that data theft is a growing source of revenue for global terrorist organizations. Shift4 Corporation, a leading developer of enterprise payment solutions, has developed 4GO, a patent protected technology that combats credit card theft by removing all useable card data at the merchant level so it can never be used by criminals and terrorist organizations.

According to news accounts in washingtonpost.com, British investigators uncovered “a significant link between Islamic terrorist groups and cyber-crime, and experts say security officials must do more to understand and confront cyber-crime as part of any overall strategy for combating terrorism.”

Three men who pleaded guilty were accused of using stolen credit card accounts to pay for terror-related recruitment and instructional Web sites, and to purchase terrorism-related items, including bomb-making components. The men were also alleged to have laundered money from stolen credit card accounts through Internet gambling sites. In order to elevate the message that transaction security can play a vital role in combating terrorism, Shift4 Corporation has added representatives of the U.S. Department of Justice to the roster of speakers for the 2007 Real Security Summit, September 26-27, 2007, at the Rio Hotel & Casino in Las Vegas.

About Shift4 Corporation

Shift4, a leading developer of secure financial transaction processing software and services, provides web-based, real-time enterprise payment solutions for leaders in the hospitality, retail, foodservices, auto rental and e-commerce markets. Through connectivity to most major processors, Dollars On The Net provides both high speed and low cost authorizations and settlements for credit, debit, check, private label and gift card transactions. Dollars On The Net also includes the ability to access, review and edit transactions prior to settlement, as well as a searchable, 24-month archive of transactions for reporting and charge back defense. For more information about Shift4 Technology or the upcoming Real Security Summit, contact John Mann, Vice President of Sales, (702) 597-2480 ext. 43200 or jmann@shift4.com, or register online at www.shift4.com.

Media Contacts

Randy Carr
Vice President of Marketing
Shift4 Corporation
702-597-2480 ext. 3433
randy@shift4.com

Bill Graulty
Account Supervisor
Mintz & Hoke
860-679-9761
shift4@mintz-hoke.com

Top