Post by va3css on Jun 18, 2005 19:09:38 GMT -5
Card Systems Fraud
Wow. Inside job, nonetheless.
Next time, pay cash!
MasterCard International reported yesterday that more than 40 million credit card accounts of all brands might have been exposed to fraud through a computer security breach at a payment processing company, perhaps the largest case of stolen consumer data to date.
MasterCard said its analysts and law enforcement officials had identified a pattern of fraudulent charges that were traced to an intrusion at CardSystems Solutions of Tucson, Ariz., which processes more than $15 billion in payments for small to midsize merchants and financial institutions each year.
MasterCard said its analysts and law enforcement officials had identified a pattern of fraudulent charges that were traced to an intrusion at CardSystems Solutions of Tucson, Ariz., which processes more than $15 billion in payments for small to midsize merchants and financial institutions each year.
Wow. Inside job, nonetheless.
Next time, pay cash!
