Tech content trusted by users in North America and around the world
6,789 Reviews & Articles | 46,891 News Posts
TRENDING NOW: Xbox Two and PS5 expected in 2018, powered by AMD with 4K support

Global Payment security breach - up to 1.5 million credit card numbers stolen

As many as 1.5 million VISA and Mastercard accounts may have been compromised in a security breach w
| Business, Financial & Legal News | Posted: Apr 2, 2012 7:26 am

A recent security breach within Global Payments is getting bad, with up to 1.5 million VISA and Mastercard accounts being compromised. While credit card numbers may have been compromised, no customer names, addresses or Social Security numbers were accessed, according to a statement from Global Payments. The company believes the breach was isolated to just North America.




At the moment, the company doesn't know whether there have been any fraudulent charges made on the stolen card details. The company process payments from credit, debit, and gift cards between merchants and banks. Global Payments believe that the incident may have been contained, but are still working with third parties to investigate the incident, and to hopefully minimize the impact to customers.


CEO Paul Garcia said:


We are making rapid progress toward bringing this issue to a close.


Both VISA and Mastercard have sent out notices to their affected customers, and as a result of the breach, VISA removed Global Payments from their list of approved service providers.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases