Hackers breach credit processor, thousands of cardholders at risk

Hackers swiped the financial data of thousands of people in a security breach earlier this year, according to reports by Brian Krebs and The Wall Street Journal. Global Payments Inc., an Atlanta-based processing firm that serves as a middleman between merchants and banks, discovered shady activity in early March, though the break-in is suspected to have occurred between January 21 and February 25.
Global Payments quietly alerted others in the financial industry last week, but it seems to have delayed public acknowledgment until word trickled out this morning. The outfit may have wanted to break the news after its quarterly earnings statement on April 4. Its late afternoon press release is sc... »read more

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