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Visa, Mastercard Shut Down Scareware Distributor |
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In what appears to be an unusual move, security representatives from both MasterCard and Visa have intervened to force a German merchant processing company to halt processing for a Web-based merchant implicated in the distribution of so-called "scareware."
The move came after a report in the Washington Post said the merchant, TrafficConverter2.biz, was using an affiliate program to distribute software that installs itself on personal computers, flashes warnings of virus infections, and markets a program to remove the infections. The Post said the software sold through the merchant is non-functional and may be involved in spreading other malicious software, including the highly publicized "conficker" virus.
The action by the card companies comes in the wake of a pair of high-profile data security breaches involving transaction processing companies Heartland Payment Systems and RBS Worldpay.
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