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'Massive' credit card data breach involves all major brands

By: capt_nemo in ROUND | Recommend this post (0)
Sat, 31 Mar 12 5:08 AM | 40 view(s)
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NEW YORK (CNNMoney) -- A data breach at a payments processing firm has potentially compromised credit and debit card information from all of the major card brands.

Global Payments (GPN), a company that processes card transactions, confirmed late Friday that "card data may have been accessed." It says it discovered the intrusion in early March and "promptly" notified others in the industry.

Global Payments did not say how many accounts were affected, or what kind of information was compromised. A law enforcement investigation is ongoing.

A Wall Street Journal report from earlier Friday saying that Global Payments had been hacked sent the company's shares down 9% before trading was halted. The stock did not resume trading before the market closed on Friday.

Global Payments did not say which card companies were

http://money.cnn.com/2012/03/30/technology/credit-card-data-breach/index.htm?iid=Lead




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