Yet Another Data Breach: Credit Card Processor Warns of Compromise

Over the weekend multiple sources announced a compromise of Global Payments Inc that led to the unauthorized release of at least 1.5 million credit card records.

According to the reports the hacked data includes credit card Track 1 and Track 2 swipe details, which is everything needed to make a counterfiet card.

What to do?

This might be a good time to re-evaluate use of debit vs credit cards, particularly for business use (credit cards have much stronger protections, and you’re directly using the bank’s money)

Watch your credit and debit card activity online for suspicious charges and report them to your card issuer immediately.

 

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