Posted on 03/31/2012 7:29:24 AM PDT by Mad Dawgg
Four giant card-payment processors and large U.S. banks that issue debit and credit cards were hit by a data-security breach after third-party services provider Global Payments Inc discovered its systems were compromised by unauthorized access.
It was not immediately clear how many cardholders became victims of the breach, which affected MasterCard Inc, Visa Inc, American Express Co and Discover Financial Services, as well as banks and other franchises that issue cards bearing their logos.
U.S. law enforcement authorities including the Secret Service are investigating and MasterCard said it has hired an independent data-security organization to review the incident.
(Excerpt) Read more at foxbusiness.com ...
In fact, when they introduced credit card logos, I called the 800 number and complained. Within 24 hours I had a new card without logos, that can't be used as a credit card.
I have an AX card. Why would I need to use my friggin' bank card as a credit card?
If you don’t use credit cards.
Three weeks later the gas station was closed and I had a new card from MC. Pain in the a$$, but the happy part was that some people evidently got what was coming to them.
By the way, I'm impressed with MC and the oil company. When you are an actual witness to fraud, you are treated to amazing efficiency, your calls travel up the chain instantly and numerous teams call you for details. I was quite impressed.
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