MasterCard, Visa warn of cardholder data breach - WTVM.com-Columbus, GA News Weather & Sports

MasterCard, Visa warn of cardholder data breach

By PALLAVI GOGOI
AP Business Writer

NEW YORK (AP) - MasterCard and Visa said Friday that they had notified issuers of its credit cards of a potential breach of the security of customer accounts. The companies did not say how many customers were affected.

Global Payments Inc., which processes credit card transactions for stores, said it had detected a breach of card data in early March. Breaches of card data can lead to identity theft and unauthorized charges.

Global Payments said it had alerted federal law enforcement and was investigating. Spokeswoman Amy Corn would not say whether cards besides Visa and MasterCard were affected.

Global Payments stock was halted after published reports said it was responsible. The stock fell 9 percent for the day before trading was stopped.

Credit card companies generally protect customers against fraudulent transactions, and Visa said specifically Friday that its U.S. customers were not at risk. Both Visa and MasterCard said their own systems had not been compromised.

Last June, hackers stole information for 360,000 credit card accounts at Citigroup. In the past year, there have been high-profile data attacks against the International Monetary Fund, National Public Radio, Google and Sony's PlayStation Network.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Trending StoriesTrending StoriesMore>>

  • Bush's Baked Beans announces voluntary recall

    Bush's Baked Beans announces voluntary recall

    Sunday, July 23 2017 7:14 PM EDT2017-07-23 23:14:18 GMT
    Sunday, July 23 2017 7:14 PM EDT2017-07-23 23:14:18 GMT

    Bush Brothers & Co.Saturday announced a voluntary recall of certain 28-ounce cans of three varieties of its baked beans.  

    More >>

    Bush Brothers & Co.Saturday announced a voluntary recall of certain 28-ounce cans of three varieties of its baked beans.  

    More >>
  • Police: Parents gave newborn drugs to cover up addiction

    Police: Parents gave newborn drugs to cover up addiction

    Sunday, July 23 2017 1:52 AM EDT2017-07-23 05:52:55 GMT
    Sunday, July 23 2017 1:52 AM EDT2017-07-23 05:52:55 GMT
    Colby Wilde, 29, and Lacey Christenson, 26, face four counts each of child endangerment and felony drug charges. (Source: Utah County Sherriff’s Office/KUTV/CNN)Colby Wilde, 29, and Lacey Christenson, 26, face four counts each of child endangerment and felony drug charges. (Source: Utah County Sherriff’s Office/KUTV/CNN)

    The baby’s mother used heroin and prescription pain medication during her pregnancy, and the baby was born addicted to drugs, police say.

    More >>

    The baby’s mother used heroin and prescription pain medication during her pregnancy, and the baby was born addicted to drugs, police say.

    More >>
  • New York Times asks 'Fox & Friends' for apology

    New York Times asks 'Fox & Friends' for apology

    Sunday, July 23 2017 8:11 PM EDT2017-07-24 00:11:08 GMT
    Monday, July 24 2017 12:51 AM EDT2017-07-24 04:51:38 GMT
    The New York Times is asking Fox News' morning show "Fox & Friends" to apologize for what the newspaper calls a "malicious and inaccurate segment" about intelligence leaks and the Islamic State that aired Saturday.More >>
    The New York Times is asking Fox News' morning show "Fox & Friends" to apologize for what the newspaper calls a "malicious and inaccurate segment" about intelligence leaks and the Islamic State that aired Saturday.More >>
Powered by Frankly