Has there been a recent security issue regarding credit card details from major banks

Question

I seem to think there was a story recently about customer details getting into the wrong hands

Answer 1

It happens all the time.  There is a constant battle ongoing between the banks and other financial institutions and the crooks who try to grab the information.

Answer 2

It's been going on for ages and every few weeks there's a new story.

Recently there was a story about a band of criminals who found out how to hack certain types of card readers which sent the details over a wireless network in a chain of shops, but I can't remember what company it was.

Answer 3

The whole credit card system is flawed -- it wasn't designed to be used in the world we have today (ie. computer networks connecting everything together).  The system needs to be changed so that the credit cards are computers themselves.