“Now, with a new fraud alert service developed by Microsoft, institutions will have a faster way to know that a customer’s account information has been compromised. People who find customer credentials will have a place to hand over that information to a trustworthy source.

On June 17, the computer giant announced the Internet Fraud Alert service. It is designed to offer a trusted and effective mechanism for participating researchers to report stolen account credentials discovered online such as username and password login information for online services or compromised credit card numbers to the appropriate institution responsible for that account. “

(Source: New Fraud Alert Service Returns Credentials)