FYI:
Breach at third party payment processor affects 22 million Visa cards and 14 million MasterCards.
July 27, 2005: 6:16 PM EDT
By Jeanne Sahadi, CNN/Money senior writer
NEW YORK (CNN/Money) - Over 40 million card accounts were exposed to potential fraud due to a security breach that occurred at a third-party processor of payment card transactions, MasterCard International said last Friday.
"It looks like a hacker gained access to CardSystems' database and installed a script that acts like a virus, searching out certain types of card transaction data," said MasterCard spokeswoman Jessica Antle.
Of the cards involved, 13.9 million were MasterCard-branded cards, which include Maestro and Cirrus, and 22 million were Visa cards, said Visa spokeswoman Rhonda Bentz.
The breach took place at the Tucson office of CardSystems Solutions, a company that processes transactions on behalf of merchants and financial institutions.
As of Monday, MasterCard and CardSystems said that of the more than 40 million accounts exposed, information on only 68,000 Mastercard accounts, 100,000 Visa accounts and 30,000 accounts from other card brands are known to have been exported by the hackers. The data exported included names, card numbers and card security codes.
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Catchmeifyoucan !
Breach at third party payment processor affects 22 million Visa cards and 14 million MasterCards.
July 27, 2005: 6:16 PM EDT
By Jeanne Sahadi, CNN/Money senior writer
NEW YORK (CNN/Money) - Over 40 million card accounts were exposed to potential fraud due to a security breach that occurred at a third-party processor of payment card transactions, MasterCard International said last Friday.
"It looks like a hacker gained access to CardSystems' database and installed a script that acts like a virus, searching out certain types of card transaction data," said MasterCard spokeswoman Jessica Antle.
Of the cards involved, 13.9 million were MasterCard-branded cards, which include Maestro and Cirrus, and 22 million were Visa cards, said Visa spokeswoman Rhonda Bentz.
The breach took place at the Tucson office of CardSystems Solutions, a company that processes transactions on behalf of merchants and financial institutions.
As of Monday, MasterCard and CardSystems said that of the more than 40 million accounts exposed, information on only 68,000 Mastercard accounts, 100,000 Visa accounts and 30,000 accounts from other card brands are known to have been exported by the hackers. The data exported included names, card numbers and card security codes.
JUST CLICK ON LINK IF INTERESTED IN THE REST OF THE NEWS ON THIS!
Catchmeifyoucan !
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