CardSystems Solutions security breach endangers 40 million credit cards

by Bill Detwiler in CXO

on June 19, 2005, 11:53 PM PDT

CardSystems Solutions security breach endangers 40 million credit cards

On Friday, June 17th MasterCard International announced that CardSystems Solutions, a Tuscon-based possessor of payment card information, suffered a security breach that potentially exposed information on more than 40 million credit cards. MasterCard-branded cards make up approximately 13.9 million of the affected cards. According to multiple news reports, CardSystems Solutions detected the breach on May ...

On Friday, June 17^th MasterCard International

announced that CardSystems Solutions, a Tuscon-based possessor of payment card

information, suffered a security breach that potentially exposed information on

more than 40 million credit cards. MasterCard-branded cards make up approximately

13.9 million of the affected cards. According to multiple news reports, CardSystems

Solutions detected the breach on May 22 and notified the FBI the following day.

Authorities believe the exposed information includes account-holder names, bank

names, and credit card numbers. Criminals could use this information for credit

card fraud, but not for identity theft. Multiple news agencies are covering

this story, including: CNET’s News.com, CBS News, Fox News, CNN, ABC News, and

MSNBC–many news agencies are using the original AP report.

By Bill Detwiler

Bill Detwiler is the Editor for Technical Content and Ecosystem at Celonis. He is the former Editor in Chief of TechRepublic and previous host of TechRepublic's Dynamic Developer podcast and Cracking Open, CNET and TechRepublic's popular online show. Previously, Bill was an IT manager in the social research and energy industries. He has bachelor's and master's degrees from the University of Louisville, where he has also lectured on computer crime and crime prevention.

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CardSystems Solutions security breach endangers 40 million credit cards