Tesco and Asda check abuse claims
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Tesco and Asda say they are looking into allegations of employee abuse at suppliers' factories in Bangladesh.
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9am update: Eckoh, the operator of Richard & Judy's You Say We Pay phone quiz, has been fined a record Â£150,000 by regulator Icstis. By John Plunkett.
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A backup tape containing credit-card information from hundreds of U.S. retailers is missing, forcing the company responsible for the data to warn customers that they may become the targets of data fraud.GE Money, which manages in-store credit-card programs for the majority of U.S. retailers, first realized that the tape was missing from an Iron Mountain secure storage facility in October, said Richard Jones, a company spokesman. &quot;We were informed that one of the tapes could not be located. But at the same time, there was no record of it ever having been checked out,&quot; he said.The tape contained in-store credit-card information on 650,000 retail customers, including those of J.C. Penney, he said. GE Money employees are also affected by the breach.The missing backup tape was unencrypted.Although J.C. Penney was the only company that Jones would confirm as affected by the missing tape, that retailer accounts for just a small percentage of all accounts that were compromised. In total, 230 retailers are affected by the breach. &quot;Clearly that number includes many of the national retail organizations,&quot; he said.The tape also contained Social Security numbers of 150,000 customers. When matched with name and address information, Social Security numbers can be used to set up fraudulent credit-card accounts, a common form of identity theft.Jones said that following a GE Money investigation, there is no evidence that the tape in question has been stolen or that the data it contained was misused.After reconstructing the data that was on the missing tape, GE Money began sending out letters to those affected by the breach in December. The company has set up a toll-free number and is offering one year of free credit monitoring services to those affected by the breach.In 2006, retailer TJ Maxx discovered that thieves had&#160;broken into its computer networks, stealing an estimated 94 million credit- and debit-card numbers. Costs related to that breach are expected to be in the hundreds of millions of dollars.GE Money is a division of General Electric.
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American Express yesterday said it was seeking &quot;billions of dollars&quot; in damages from Visa and MasterCard over alleged &quot;illegal and anticompetitive practices&quot;.
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Business & money: Retail Watchdog may be on trail of bullyboys whose threats drive down prices.
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Supermarkets may be hit by strike action from a major food supplier embroiled in a pay dispute.
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Business & money: Northern Rock monitoring criticised by CBI boss.
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Check the checkers and see who is inquiring about your credit history.
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UK supermarket chain Asda has been fined Â£5,000 (US$9,194) for breaking labelling rules by claiming mangoes help to fight cancer.
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The supermarket giant Asda was fined Â£5,000 ($9000) after UK court ruled yesterday that the claim that the fruit may help fight cancer contravenes the health according to that any labeling claiming that a food prevents, treats or cures a disease is
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Comment is free: Emma Thompson: When Tesco meets tomorrow for its AGM, it will need to answer some tough questions.
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Follow the money... Her Majesty's Revenue and Customs (HMRC) is claiming a major victory over carousel fraudsters after discovering they were all using the same bank.â¦
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Low-cost British clothing retailer Asda, owned by US giant Wal-Mart, has launched an investigation into allegations that its production facilities in Bangladesh were abusing the rights of their workers, The Guardian reported on Monday.
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The Office of Fair Trading is investigating  UK supermarkets' online shops over alleged unfair pricing policies.
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UK watchdog the Office of Fair Trading is investigating claims that Apple is ripping off its UK customers. The investigation follows a complaint that UK customers were having to shell out more for the reassuringly
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More checks on the use of information collected by supermarket loyalty cards needed says David Blunkett.
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Pile 'em high, sell 'em cheap First there was the computers for schools scheme, now Tesco is releasing software for all.â¦