Visa and MasterCard have issued warnings of another breach of a payment processor, and it’s not Heartland Payment Systems. According to an announcement posted by Tuscaloosa VA Federal Credit Union, malicious software was placed on the network of another payment card processor. The announcement stated that Visa and MasterCard are not willing to identify the processor due to the fact that they have not made the breach public yet.
The breach is said to involve purchases made over the phone or on the internet. Card numbers and expiration dates were exposed but not other personal information or PINs. It is not know yet how many cards are at risk due to this security breach.
This is the second breach of data from a processor this year. The number of credit unions affected is still unknown.
Randall C. Smith - Managing Editor
CUiNSIGHT.com
Sunday, March 1, 2009
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