topfeaturestop.gif
topfeaturesbot.gif
maintop.gif

companion photo for Another credit card processor breached, fraud extent unknown

Just last month, we covered how the payment processor Heartland Payment Systems had inadvertently exposed up to 100 million credit cards in the largest known data breach to date. In that case, the thieves were able to obtain customers’ magnetic strip information; the thefts themselves were likely responsible for a surge in credit card fraud we saw last year. The Heartland problem should have been a wakeup call to all credit card payment processors, but an as-yet-unidentified company must have been asleep at the wheel. There’s a growing body of evidence indicating that a second data breach has already occurred.

Click here to read the rest of this article

Originally Syndicated via RSS from Ars Technica – Front page content


RSS feed

Comments for this post are closed.

mainbot.gif
footertop.gif
footerbot.gif