Security News > 2009 > March > Visa: There is No New Data Breach

Visa: There is No New Data Breach
2009-03-03 09:05

http://www.bankinfosecurity.com/articles.php?art_id=1245 By Linda McGlasson Managing Editor Bank Infosecurity March 2, 2009 Heartland Payment Systems (HPY) may be the only "new" data breach, after all. A week after at least two banking institutions and a state banking association reported a new data breach that had been announced to them by Visa, the credit card company now is saying that its recent alerts to card issuers were actually part of an existing investigation and aren't "related to a new compromise event." In its statement issued on Friday, Visa says it "has provided the affected accounts to financial institutions so they can take steps to protect consumers. In addition, Visa is risk-scoring all transactions in real-time, helping card issuers better distinguish fraud transactions from legitimate ones." Visa did not name the entity that was breached - and gave no reason for the continued anonymity. [...] _______________________________________________ Best Selling Security Books and More! http://www.shopinfosecnews.org/


News URL

http://www.bankinfosecurity.com/articles.php?art_id=1245