Security Breach Exposes 40M Credit Cards
The Good Reverend writes "MasterCard International announced today that a security breach at CardSystems Solutions, a third party processor of payment card data, potentially exposed more than 40 million cards. Mastercard is aware of the specific card numbers affected, and is giving its member financial institutions the numbers that may have been compromised. Unlike many of the past high profile cases this one involves a hacker rather than lost packages. CNN Money, the New York Times, Reuters, MSNBC, ZDNet, C|Net, and the Washington Post are also covering the story."
Have to agree here. I work for a large mailing house company which processes client data and sends out bank statements and tax details and all sorts of other private information.
Having a in depth security background, I can safely say that the security of this place is shocking. The guys handling this sensitive data are just kids straight out of uni. The banks etc themselves can go to great lengths to protect their clients data, but then they outsource to 3rd parties and hand over all their data to be processed.
Posting anonymously for obvious reasons.