28 November 2015

Global Payments breach affects up to 1.5m cardholders

02 April 2012  |  8416 views  |  0 credit card

US transaction processor Global Payments says that "less than 1,500,000 card numbers may have been exported" as a result of a systems breach.

Following media reports, the company was forced to confirm on Friday that it had identified and reported unauthorised access to its processing system in early March.

It is thought that only North America cardholders are affected, with 'Track 2' data - including account numbers - compromised but not names, addresses and social security numbers.

News of the breach saw trading in Global Payments shares halted after their price plunged by as much as 13.7% on Friday.

Visa has also removed the company from its list of approved service providers, telling it to revalidate as PCI DSS compliant.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

30 March, 2012
14 December, 2011
20 May, 2010
26 March, 2010
08 January, 2010
21 January, 2009
29 March, 2007

Related company news


Who is commenting?

Finextra Member Commented on: EPC publishes proposal...
Finextra Member Commented on: EPC publishes proposal...

Top topics

Most viewed Most shared
BBVA buys 29.5% stake in Atom for £45...
7749 views comments | 34 tweets | 41 linkedin
BNP Paribas to test contactless payment di...
6052 views comments | 17 tweets | 25 linkedin
Former Barclays chief forecasts massive jo...
5836 views comments | 27 tweets | 30 linkedin
Hilton confirms data breach
5338 views comments | 11 tweets | 17 linkedin
Alternative payment methods challenge plas...
5179 views comments | 21 tweets | 23 linkedin

Featured job

to USD $130K base, double OTE
New York City, NY

Find your next job