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MasterCard Warns of Possible Security Breach, Visa also Reportedly Affected
http://www.foxnews.com/us/2012/03/30/visa-mastercard-warn-massive-security-breach-report-says/ ^ | 3-30-2012 | FoxNews.com

Posted on 03/30/2012 7:39:45 AM PDT by sheikdetailfeather

DEVELOPING: MasterCard is reportedly investigating a possible breach of cardholder account data involving a U.S.-based payment processor, the company said Friday.

The Wall Street Journal reports that the Purchase, N.Y., credit-card company said law enforcement has been notified of the matter and an "independent data security organization" is conducting an ongoing forensic review.

The company is alerting card-issuing banks regarding "certain MasterCard accounts that are potentially at risk."

"MasterCard's own systems have not been compromised in any manner," a company spokesman told the newspaper.

The spokesman declined to say how many cards may have been compromised or how many banks it is notifying.

The breach was first reported early Friday by Krebs On Security, a blog by former Washington Post reporter Brian Krebs. The blog also reported that Visa was also notifying banks about a breach involving a third-party payment processor.

Read more: http://www.foxnews.com/us/2012/03/30/visa-mastercard-warn-massive-security-breach-report-says/#ixzz1qbwSteZA

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: breach; mastercard; sourcetitlenoturl; visa
This was just reported on Fox News.
1 posted on 03/30/2012 7:39:49 AM PDT by sheikdetailfeather
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To: sheikdetailfeather

http://krebsonsecurity.com/2012/03/mastercard-visa-warn-of-processor-breach/


2 posted on 03/30/2012 7:40:49 AM PDT by Keith in Iowa (Willard Romney, purveyor of the world's finest bullmitt. | FR Class of 1998 |)
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To: sheikdetailfeather

Hmm, last week I received new CCs with new numbers in the mail even though my current cards were not set to expire for 2 more years.


3 posted on 03/30/2012 7:43:46 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: dfwgator

MasterCard Warns of Possible Data Breach

http://online.wsj.com/article/SB10001424052702303816504577313411294908868.html


4 posted on 03/30/2012 7:44:49 AM PDT by sheikdetailfeather ("We Need To Teach The Establishment a Lesson" - Newt Gingrich)
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To: sheikdetailfeather

This is why you should always keep your credit cards maxed out...nothing to steal that way!


5 posted on 03/30/2012 7:46:09 AM PDT by TonyInOhio (A society that becomes more Muslim eventually becomes less everything else.)
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To: sheikdetailfeather

I’ll find out if something is up if I get a call from Bank of America telling me to immediately stop using my debit check card as they’re sending out a replacement....


6 posted on 03/30/2012 7:47:00 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: dfwgator

My credit union sent me a new card a few months ago for this same thing. This is going to be like deja vu all over again since FOX was talking about credit unions again. oy.


7 posted on 03/30/2012 7:50:17 AM PDT by FlingWingFlyer (It's time to WEAN the government off of our money.)
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To: Keith in Iowa

http://krebsonsecurity.com/2012/03/mastercard-visa-warn-of-processor-breach/

MasterCard, VISA Warn of Processor Breach

VISA and MasterCard are alerting banks across the country about a recent major breach at a U.S.-based credit card processor. Sources in the financial sector are calling the breach “massive,” and say it may involve more than 10 million compromised card numbers.


8 posted on 03/30/2012 7:51:37 AM PDT by sheikdetailfeather ("We Need To Teach The Establishment a Lesson" - Newt Gingrich)
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To: sheikdetailfeather

Yeah, notice how they include it’s ‘massive’ but don’t include if information was gleaned from the accounts, or money ...

But then it wouldn’t be a headline.


9 posted on 03/30/2012 7:52:15 AM PDT by Freddd (No PA Engineers)
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To: sheikdetailfeather

possible breach


10 posted on 03/30/2012 7:53:24 AM PDT by Freddd (No PA Engineers)
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To: sheikdetailfeather

Watch your money closely. My Husband gets alerts on his phone everytime a transaction occurs over $25 on our checking and savings accounts. (He really needs to get rid of that damn thing!LOL)


11 posted on 03/30/2012 7:56:23 AM PDT by submarinerswife (Insanity is doing the same thing over and over, while expecting different results~Einstein)
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To: RayChuang88

BofA just did that to me 2 days ago... waiting for the new check card....


12 posted on 03/30/2012 7:59:10 AM PDT by Newton (If Obama is the answer it's probably a stupid question.)
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To: sheikdetailfeather

A couple of months ago, my VISA notified me that someone in Turkey was trying to purchase round trip airline tickets to Dubai — using my number. They stopped the transaction.

However, they also cancelled my number and issued a new card — which took a few days to arrive.

This all happened during the end of the month cycle. I use the card to auto pay utilities and cable to rack up reward points. They had the old number and would not let me switch out, until they processed the bills — which bounced.

It was hassle. I got hit with late fees and had to cancel the original auto pay and re-sign with the new card number.

==


13 posted on 03/30/2012 8:03:51 AM PDT by TomGuy
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To: Newton; RayChuang88

“BofA just did that to me 2 days ago... waiting for the new check card....”

One of our younger relatives has had an ongoing hate relationship with BofA for decades. A couple of his encounters were embarassing for BofA, and now they are very helpful when something happens to his debit card. He has had 3 replaced in the past 2 years. They watch his transactions like a hawk looking for rats and jump on any potential illegal actions.

Another younger relative has a lot of personal and business accts with another California based bank. He had a scam on his credit card a few yeas ago, and he told them that if someone $crews with his debit card, line of credit or their credit card, not only will they lose his businesses, his clients and those, who hire his company to do expensive jobs. Since then he has had a personal banker, a VP, with the bank. He gets calls from the VP when something is wrong or possibly wrong.


14 posted on 03/30/2012 8:13:15 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: sheikdetailfeather
the Purchase, N.Y., credit-card company . . .

I'm guessing by the geography this is HSBC or other issuer which specializes in signing up people with spotty credit to their cards.

Typically, they charge annual fees of around $50 and give credit limits of around $300, which is immediately reduced by the annual fee.

The idea is to get the user to go over the limit as often as possible so they can generate additional over the limit fees. Predatory is one of the nicer adjectives to describe them.

15 posted on 03/30/2012 8:14:37 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: TomGuy

“I got hit with late fees and had to cancel the original auto pay and re-sign with the new card number.”

Didn’t learn much from it, I see.


16 posted on 03/30/2012 8:14:46 AM PDT by AppyPappy (If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
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To: Freddd

The Krebs article indicates full Track 1 and Track 2 data...enough information to produce counterfeit cards.


17 posted on 03/30/2012 8:14:59 AM PDT by Hurricane Andrew (History teaches that wars begin when governments believe the price of aggression is cheap.)
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To: sheikdetailfeather

Lo and behold, I sign into my CC account, and I see a letter with this message:

“We are contacting you because your card number ending in XXXX was part of a data compromise and is at risk
for unauthorized use. To minimize this risk, we proactively issued you a new card number. You should have
already received or will shortly receive your new card in the mail.”


18 posted on 03/30/2012 8:18:03 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: submarinerswife
Watch your money closely.

Which is why he won't get rid of that damn thing. But it proves he listens to you and follows your advice.

19 posted on 03/30/2012 8:18:44 AM PDT by UCANSEE2 (Lame and ill-informed post)
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To: Vigilanteman

The article mentions credit union cards and use of parking garages in the NY area.


20 posted on 03/30/2012 8:20:23 AM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: dfwgator

Wow!!!!!


21 posted on 03/30/2012 8:24:13 AM PDT by sheikdetailfeather ("We Need To Teach The Establishment a Lesson" - Newt Gingrich)
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To: dfwgator

If you use your credit card to auto pay bills like Dish and AT&T, be prepared for some BS from them unless you change your acct. with them. Some companies like the two mentioned like to use this as an excuse to bill you for late payments instead of contacting you to update your card info.


22 posted on 03/30/2012 8:25:09 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave

That’s why I pay manually online, I try to avoid using AutoPay. Forces me to actually look at the bill.


23 posted on 03/30/2012 8:26:57 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: Grampa Dave

This is one reason I don’t use auto-pay. I prefer “hands on” when paying my bills.


24 posted on 03/30/2012 8:30:10 AM PDT by greyfoxx39 (Praise Jesus! I have been redeemed from the "restoration" of mormonism!)
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To: sheikdetailfeather

The good news is so far, I haven’t seen any unusual charges.


25 posted on 03/30/2012 8:31:27 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: TomGuy

We had the samething happen with us as noted in my reply.

What happened to us was an auto and free upgrade on my main credit card. The credit card company finally got involved and helped to defang Dish and AT&T.


A couple of months ago, my VISA notified me that someone in Turkey was trying to purchase round trip airline tickets to Dubai — using my number. They stopped the transaction.

However, they also cancelled my number and issued a new card — which took a few days to arrive.

This all happened during the end of the month cycle. I use the card to auto pay utilities and cable to rack up reward points. They had the old number and would not let me switch out, until they processed the bills — which bounced.

It was hassle. I got hit with late fees and had to cancel the original auto pay and re-sign with the new card number.

==

13 posted on Friday, March 30, 2012 8:03:51 AM by TomGuy


26 posted on 03/30/2012 8:32:30 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: TomGuy

Last year someone in Asia was purchasing computers using our credit card (credit union)....after a couple of months we got it all figured out, but doesn’t make me too comfortable.


27 posted on 03/30/2012 8:35:17 AM PDT by goodnesswins (2012..."We mutually pledge our Lives, our Fortunes, and our Sacred Honor")
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To: greyfoxx39; dfwgator

After my experience with these bozos, I now pay all of my bills on line with a monthly electronic payment/check from my checking account.

Good advice from both of you for anyone impacted with this latest fraud.

To: Grampa Dave

That’s why I pay manually online, I try to avoid using AutoPay. Forces me to actually look at the bill.

23 posted on Friday, March 30, 2012 8:26:57 AM by dfwgator (Don’t wake up in a roadside ditch. Get rid of Romney.)

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To: Grampa Dave

This is one reason I don’t use auto-pay. I prefer “hands on” when paying my bills.


28 posted on 03/30/2012 8:38:39 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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