MasterCard breach hits 40 million accounts

[ronjor]

-{ Quote: " MasterCard International on Friday said a security breach of credit card payment data had exposed about 40 million cards of all brands to potential fraud in what one analyst said was the biggest privacy breach ever." }-
Story (http://news.zdnet.com/2100-1009_22-5751886.html?tag=zdfd.newsfeed)

[daveuk]

read that on the BBC - amazing this is down to just one guy working for them, been arrested now FBI looking at the largest **** up at Mastercard and there have been a few?

[diginsight]

-{ Quote: "The operations center for a credit card processing firm whose security was breached by a hacker, exposing 40 million accounts to possible fraud, has put new security software in place.

Marc Maiffret, a computer security specialist and co-founder of eEye Digital Security of Aliso Viejo, California, said his firm installed the security upgrade for Atlanta-based CardSystems Solutions' operations center here on June 10." }-

Full story (http://www.dailystar.com/dailystar/allheadlines/81043.php)

Source: ISN

[Longboard]

I've been following this story from an end user POV.
The ramifications continue to gather pace.

What a farce especially on top of the other recent data thefts; Choice point etc.

Here in Oz a spokesperson from our third biggest bank said "this shouldn't be too big a problem, probably only a couple of thousand customers should be affected"

!!!??##%%**

That statement is apalling from so many points of view.

Here we are good and interested gnomes beavering away helping each other to protect ourselves and our friends; and the big boys (to whom we pay MASSIVE fees) are leaking like the Titanic.

I just occassionally feel so defeated and so sad at the rampant cynicism and lack of concern.

[mercurie]

Well said Longboard!