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Global Payments breach raises questions

posted onApril 3, 2012
by l33tdawg

Payment processing vendor Global Payments Inc. held a conference call Monday to explain a computer intrusion that exposed data on at least 1.5 million credit and debit card holders, but many questions about the breach were left unanswered. 

The company's disclosures came after the Wall Street Journal on Friday identified Global Payments as the victim of a major data breach. The breach was originally reported by security blogger Brian Krebs. Krebs' report did not name Global Payments and was based on an internal alert from Visa and MasterCard warning card-issuing banks about a breach at an undisclosed payment processor involving about 10 million debit and credit cards.

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