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Security Protection - Harry Waldron (CS)

Security Best Practices, Breaking News, & Updates

Credit Card Security Breach exposes up to 40 million accounts

    Please check your statements carefully during the next few billing cycles as hackers recently obtained key information related to Master Card accounts.  

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Reuters Article

KEY IMPACTS

*  As many as 40 million cards may have been exposed, making it the largest breach of personal financial data in a string of recent cases.

*  The breach occurred at Card Systems Solutions, Inc., a third-party processor of payment card data who processes transactions on behalf of financial institutions and merchants.

* CardSystems has already taken steps to improve the security of its system, MasterCard said it was giving the company "a limited amount of time" to demonstrate compliance with MasterCard security requirements.