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Global Payments Inc., which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation.The full extent of the breach couldn't be determined, one of the people said. It wasn't immediately clear if cardholders have been hit by fraudulent transactions.Representatives of Global Payments, based in Atlanta, couldn't be reached for comment.Global Payments is a large so-called third-party processors of payment cards, including debit cards, credit cards, and gift cards.The news comes as MasterCard Inc. and Visa Inc. have been alerting their card-issuing bank customers about the potential breach. It wasn't immediately known if the banks are planning to reissue cards to their customers."The network intrusion may have put accounts at risk of being stolen," Visa said in the notice, adding that a forensic company is working with the company in question and the U.S. Secret Service is also investigating the breach. "The investigation is still in the early stages and if additional accounts are determined to be at risk" additional alerts will be distributed.http://online.wsj.com/article/SB10001424052702303816504577313411294908868.htmlWow that is a hell of a crack that got pulled off. But I guess guys that have visa's and mastercards it's time to start watching your accounts like a hawk.
http://online.wsj.com/article/SB10001424052702303816504577313411294908868.htmlWow that is a hell of a crack that got pulled off. But I guess guys that have visa's and mastercards it's time to start watching your accounts like a hawk.
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