Advertisement

Global Payments Widens Breach Investigation

June 18, 2012

Atlanta-based processor Global Payments, which disclosed in late March it had experienced a security breach that exposed the credit card information of 1.5 million consumers, last week acknowledged the intrusion has affected other parts of its system not originally thought to be compromised. In addition to consumers, Global Payments now believes information from some of its merchant clients may have been exposed, though the number of credit card accounts at risk remains the same.

“The company's ongoing investigation recently revealed potential unauthorized access to servers containing personal information collected from a subset of merchant applicants,” Global Payments said in a statement. “It is unclear whether the intruders looked at or took any personal information from the company's systems; however, the company will notify potentially-affected individuals in the coming days. The notifications are unrelated to cardholder data and pertain to individuals associated with a subset of the company's U.S. merchant applicants.” 

 Average 4 out of 5
 Your Rating:
Your Review:
  



      SHAZAM


  • CNP Expo: PSPs on the Rise - May 21, 2013
    Some 150 PSPs are now in operation, including disruptive players like Square that are capturing a target market of young business people who have been overlooked by traditional financial institutions.
  • CNP Expo: Unique Fraud Challenges for Digital Goods Retailers - May 21, 2013
    For digital merchants, turning away legitimate business through fraud prevention measures is riskier to the life of their business than allowing a few fraudulent transactions, but fraud prevention remains a priority, since customer account takeovers and a high volume of fraud can close down a merchant site.
  • ZooZ Nets $2 Million in New Financing - April 25, 2013
    The company said it will use the proceeds of the financing to “add new product functionality, increase traction with retailers, solidify new partnerships, and otherwise build its presence” in the global payments market.
  • PayPal Q1 Revenue Up 20% - April 22, 2013
    PayPal parent eBay reported first-quarter earnings late last week and said payment volume processed by the unit rose 22 percent from the same period a year earlier to $41 billion. Revenue also increased, up 20 percent year-over-year to $1.5 billion.
  • Zipmark Enables Digital Checks - April 18, 2013
    Zipmark, a New York City-based startup enabling businesses that typically accept paper checks to accept e-checks online and via mobile, has partnered with Rearden Commerce to enable B2B online payments.


     PV

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here