Global Payments admits to security break
1.5 million Cards have been compromised as a hack has resulted in a data breach at a payment processing company. Global Payments has admitted to a security breach after rumours began circulating that 1 billion cards had been compromised. However the company said that number of cards compromised was far less and gave a figure of 1.5 million. The company in a statement said that while card numbers had been compromised, Social Security numbers, addressed and names were still safe. They also confirmed that they had initially found the breach in March and had immediately identified others in the industry.
All major card companies affected
Global Payments also confirmed that all major card brands had been affected by the data breach. They also revealed that the card numbers consisted of both debit and credit cards. Global Payments however did name the companies which had been compromised. However Visa did release a statement saying that all the big players were affected in the data breach. Visa also confirmed that they had removed Global Payments from its preferred list of credit card processors. Meanwhile MasterCard had alerted payment card issuers about cards which were at risk. American Express and Discover have both said that they are currently monitoring the situation.