Mastercard Security Breach

Posted by on June 17, 2005

From the AP:

The credit card giant said its security division detected multiple instances of fraud that tracked back to CardSystems Solutions Inc., which processes credit card and other payments for banks and merchants.

The compromised data included names, banks and account numbers — not addresses or
Social Security numbers, said MasterCard spokeswoman Sharon Gamsin. Such data could be used to steal funds but not identities.

I’m not in the Financial Sector but I’m pretty sure that with a name and an account number the rest should be pretty easy to get.

The bright side..well, okay, the flickering side…they detected the fraud and that means there’s a chance there may be some prosecution. Hope so. Fry the bastards.

Last modified on June 17, 2005

Categories: InfoSec
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