Feeds

RBS WorldPay breach exposes 1.5 million

Payment processor buries bad news

Top three mobile application threats

RBS WorldPay belatedly admitted last week that hackers broke into its systems.

The attack against the electronic payment services firm leaves to to 1.5 million payroll and gift card holders in the US at risk of fraud. Up to 1.1 million social security records were also exposed as a result of the breach.

The affected pre-paid cards include payroll cards and open-loop gift cards. PINs for all PIN-enabled cards are being reset as a precaution. RBS WorldPay has pledged to make sure its customers are not left out of pocket as a result of any fraud stemming from the attack. The firm is also offering 12 months complimentary membership to a credit monitoring service to those whose personal information was exposed as a result of the breach.

RBS WorldPay notified law enforcement and regulators about the attack on 10 November but waited until 23 December before publishing advice to potentially affected customers. The timing of its announcement raises suspicions that the firm is releasing bad news at a time when it is likely to go largely unnoticed.

The attack has been linked to the fraudulent misuse of 100 payroll cards, all of which have since been deactivated.

Details of the attack itself, much less who might have pulled it off, remain sketchy. RBS WorldPay has pledged to improve its security defences to prevent similar attacks in future.

RBS WorldPay's statement on the attack, and its response, can be found here (PDF). ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
Heartbleed exploit, inoculation, both released
File under 'this is going to hurt you more than it hurts me'
Canadian taxman says hundreds pierced by Heartbleed SSL skewer
900 social insurance numbers nicked, says revenue watchman
German space centre endures cyber attack
Chinese code retrieved but NSA hack not ruled out
Burnt out on patches this month? Oracle's got 104 MORE fixes for you
Mass patch for issues across its software catalog
Reddit users discover iOS malware threat
'Unflod Baby Panda' looks to snatch Apple IDs
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.