Master Card, VISA Warn of Processor Breach
Summary: Visa and MasterCard alerted banks that a U.S.-based credit card processor was compromised between January 21 and February 25, 2012, with full Track 1 and Track 2 data taken and sources estimating more than 10 million card numbers affected. Atlanta-based Global Payments confirmed it identified and self-reported unauthorized access to a portion of its processing system, and PSCU said it alerted 482 credit unions covering 56,455 compromised member accounts, with fraud detected on 876 of them.
Bottom line: Full Track 1 and Track 2 data lets criminals counterfeit physical cards, and investigators reportedly believe the breach may be connected to Dominican street gangs around New York City, with fraudulent activity centering on commercial credit and debit cards issued to businesses.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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