Massive Data Breach

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This topic contains 2 replies, has 1 voice, and was last updated by  Henry Brown 5 years, 8 months ago.

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  • #157604

    Henry Brown
    Participant

    IMO this probably needs the widest distribution…

    From Krebs On Security Blog

    VISA and MasterCard are alerting banks across the country about a recent major breach at a U.S.-based credit card processor. Sources in the financial sector are calling the breach “massive,” and say it may involve more than 10 million compromised card numbers.

    In separate non-public alerts sent late last week, VISA and MasterCard began warning banks about specific cards that may have been compromised. The card associations stated that the breached credit card processor was compromised between Jan. 21, 2012 and Feb. 25, 2012. The alerts also said that full Track 1 and Track 2 data was taken – meaning that the information could be used to counterfeit new cards.

  • #157608

    Henry Brown
    Participant

    This one from ZDNET

    Visa and MasterCard have reportedly warned banks of a major potential breach at a U.S.-based credit card processor, but neither firm has revealed which processor had been compromised. Alerts sent out to U.S. banks late last week advised them that certain cards may have been compromised, and that full Track 1 and Track 2 data was taken, which means perpetrators got enough to counterfeit new cards.

    The breach may involve more than 10 million compromised card numbers. Here’s an excerpt from Krebs on Security, which broke the story and said sources in the financial sector are calling the breach “massive”:

  • #157606

    Henry Brown
    Participant

    Numbers dramatically lower in this “article from Wall Street Journal:

    Global Payments Inc., which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation.

    Consumers may be relying more on their credit cards to pay for necessities like food and fuel.

    The full extent of the breach couldn’t be determined, one of the people said. It wasn’t immediately clear if cardholders have been hit by fraudulent transactions.

    Representatives of Atlanta-based Global Payments, a so-called third-party processors of payment cards, including debit cards, credit cards, and gift cards, couldn’t be reached for comment.

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