MasterCard, VISA Warn of Processor Breach

[maco]

VISA and MasterCard are alerting banks across the country about a recent major breach at a U.S.-based credit card processor. Sources in the financial sector are calling the breach “massive,” and say it may involve more than 10 million compromised card numbers.


http://krebsonsecurity.com/2012/03/maste...or-breach/

[Robert M]

Maco,

I wonder if this affects American Express, too. But, there is also the question of bank issued VISA and Mastercard debit cards. If I understand correctly, they can be processed as credit cards or debit cards and the companies that process charges to credit cards also process debit cards charges.

Robert

[cbelt3]

All Your Credit Card Are Belong to Us !

Mu ha ha ha...


Good thing you can't buy lottery tickets with credit cards any more. Now THAT would be a cool way to launder the funds... just print up cards to roll all the numbers.

[Bill in NC]

http://www.cringely.com/2012/03/the-30-billion-hack/