Update: Security breach could affect 40 million credit card holders
An AP newswire report on USA Today:
Update: Bob Sullivan over on MSNBC has more information on this travesty.A security breach of customer information at a credit card-processing company could put at risk 40 million cardholders of all brands, MasterCard International said Friday.
The credit card giant said its security division detected multiple instances of fraud that tracked back to CardSystems Solutions of Tucson, which processes transactions for banks and merchants.
MasterCard said in a news release late Friday afternoon that it was notifying its card-issuing banks of the problem.
CardSystems was hit by a computer virus that captured customer data for the purpose of fraud, said company spokeswoman Sharon Gamsin.
MasterCard, which said about 14 million of its own cards were exposed, said it was giving CardSystems a "limited amount of time to demonstrate compliance with security requirements."
CardSystems officials did not immediately return telephone calls seeking comment. Nor did officials from American Express and Visa.
Update2: MasterCard Int.'l. announcement here.
posted by Fergie @ 6/18/2005 09:42:00 AM
1 Comments:
Scary... Absolutely scary... It looks like the lowly "computer virus" is once again becoming the attack vector of choice.
I have some additional commentary of my own on this mess, over at etee's Blog.
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