Visa, MasterCard Alert of 10 million Credit Cards Breach
This morning Brian Krebs posted that Visa and MasterCard started to alert customers about a major security breach that affect their financial credits, about more than 10 million credit cards are compromised, this case is so sensitive that law enforcement agencies asked to keep the information secret till the investigation complete.
This is not the first incident that affects credit card processors, Heartland Payment Systems lost 130 million credit card credential in 2008, and Visa issued a public statement for this case:
“Visa Inc. is aware of a potential data compromise incident at a third party entity affecting card account information from all major card brands. There has been no breach of Visa systems, including its core processing network VisaNet.
“Visa has provided payment card issuers with the affected account numbers so they can take steps to protect consumers through independent fraud monitoring and, if needed, reissuing cards.
“It’s important for U.S. Visa consumer cardholders to know they are protected against fraudulent purchases with Visa’s zero liability fraud protection policy, which exceeds federal safeguards. As always, Visa encourages cardholders to regularly monitor their accounts and to notify their issuing financial institution promptly of any unusual activity. Additional consumer security tips are available at www.VisaSecuritySense.com.
You can follow Brian update on the following link: http://krebsonsecurity.com/2012/03/mastercard-visa-warn-of-processor-breach/