Cyber Risks · Krebs on Security

Fast Food Chain Arby’s Acknowledges Breach

Summary: Arby's confirmed that malware installed on payment card systems at hundreds of its corporate-owned restaurants had been remediated, after the company was first notified by industry partners in mid-January and withheld disclosure at the FBI's request. A PSCU alert to its member banks cited Visa and MasterCard lists covering more than 355,000 compromised cards and estimated the breach ran from October 25, 2016 to January 19, 2017.

Bottom line: More than 355,000 cards from PSCU member credit unions alone were flagged, and the source notes this is likely only the first of many alerts Visa and MasterCard will send - with smaller institutions left re-issuing cards and absorbing fraud costs, as they did through the Wendy's breach.

Read the original at Krebs on Security ↗

Topics
Cybercrime & Law Enforcement
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