Feeds

Visa dumps Global Payments after it flashed 1.5m US card numbers

Processing firm: This was our first intrusion...

The essential guide to IT transformation

Visa has dropped Global Payments from its list of approved service providers after a security breach at the firm exposed 1.5 million US card numbers.

The world's largest credit and debit card company has booted Global Payments off its list because of the "unauthorised access into a portion of [its] processing system". Global can't get back on Visa's nice list until it has revalidated its compliance processes with the payment card industry's data security standard (PCI DSS).

"It’s essential that every business that handles payment card information adhere to the highest standards to protect the security and privacy of cardholder information and remain vigilant over time," Visa said in an emailed statement.

"Validation is typically an annual process whereas actually being PCI DSS compliant is an ongoing responsibility. The PCI DSS remains an effective security tool when implemented properly – and remains the best defence for businesses against the loss of sensitive data."

Global Payments reported on Friday that it had sniffed out unauthorised access into its systems and said today that its investigation so far showed the breach had only slurped so-called Track 2 card data only, leaving cardholder names, addresses and social security numbers out of the hackers' reach.

"I am pleased to inform you we are making significant progress in defining and rectifying the breach," CEO Paul Garcia said in a conference call. "Based on forensic analysis to date, network monitoring and additional security measures, we believe that this incident is contained."

Garcia said that "on reflection, it was not unexpected" that Visa would dump it from its approved provider list.

"You are compliant, and then if something [like this] happens, by definition you're not.

"We are focused on the remediation measures necessary for a full and timely PCI reinstatement," he said, adding that the firm couldn't put any timeline on how long it would take to be compliant again.

Global Payments said that as far as it knew, there had been no fraudulent transactions reported on any credit cards, but it advised consumers to monitor their bills and make sure all their purchases were legitimate.

Garcia also said that there had been a lot of misinformation about the state of Global Payments' security. He denied reports that there had been another data breach last year, saying that this intrusion was the first.

He said that Global Payments had detected the possibility that data might have been taken three weeks ago and "within hours" it had informed the authorities and card companies. ®

Next gen security for virtualised datacentres

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?