Forum latest

Banks, Credit Card Firms Wait For The Other Shoe To Drop Amid Reports Of Another Payment Processor B
General
Written by Daniel   
Tuesday, 24 February 2009 12:22
Hack of a second U.S.-based payment processing firm exposes accounts used in Internet, phone transactions, according to credit union alerts

Feb 23, 2009 | 02:40 PM
By Kelly Jackson Higgins
DarkReading

Brace yourself for another payment-processor breach: A second U.S.-based payment acquirer/processor has been hit with a network hack that exposed consumers' credit card accounts.

As of this posting, the victim firm's identity had not been revealed. According to several credit unions, Visa recently alerted them that another payment processor had discovered a data breach. Among the credit unions issuing alerts about the breach on their Websites are The Tuscaloosa VA Federal Credit Union and the Pennsylvania Credit Union Association. The Open Security Foundation has a notice posted on its DataLossDB site.

The latest breach follows that of Heartland Payment Systems, which went public on Jan. 20 about discovering malware on its processing system; some security experts have called it the largest security breach ever. Heartland processes 100 million payment card transactions per month for 175,000 merchants. [Comments...]
 

See also

None found.


Hardware | Windows | Linux | Security | Mobile Devices | Gaming
Tech Business | Editorial | General News | folding@home

Forum | Download Files

Copyright ©2001 - 2012, AOA Forums.  All rights reserved.

Alliance of Overclocking Arts

Links monetized by VigLink

Don't Click Here Don't Click Here Either