University of Southern California

Major Credit and Debit Card Security Breach Announced

Posted on by beltzer

Global Payments, a company that specializes in the processing of credit and debit card payments, announced Friday that they had suffered a major security breach earlier this year. During the attack, hackers stole 1.5 million credit and debit card numbers.

All major credit and debit card brands, such as Visa, MasterCard, and Discover, are affected.

According to Global Payments, the only information that was compromised during this breach were the credit card numbers themselves; the hackers were unable to steal other information such as cardholder names or Social Security numbers. Cardholders are not liable for any unauthorized charges made with the stolen numbers.

While your bank will call you to issue you a new card and account number if you were affected by this breach, it’s a good idea to call them if you are concerned about the status of your account.

For more information, see the following articles:

Global Payments: 1.5MM Cards ‘Exported’ (Krebs on Security)
Global Payments credit card hack: What do I do? (CNN Money)
Experts Say Global Payments’ Breach May Not Be Only One (ABC News)
Global Payments says Visa drops it after breach (USA Today)

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