Home · Security · Breach Hits Card Processor Global Payments

Breach Hits Card Processor Global Payments

Global Payments Inc., GPN -9.06% which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation.

The full extent of the breach couldn't be determined, one of the people said. It wasn't immediately clear if cardholders have been hit by fraudulent transactions.

Representatives of Atlanta-based Global Payments, a so-called third-party processors of payment cards, including debit cards, credit cards, and gift cards, couldn't be reached for comment. More...

03-30-2012 18:06