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.
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