Feeds

New ID leak from Global Payments

More fallout from hack attack

Internet Security Threat Report 2014

Credit and debit card processor Global Payments has warned that additional confidential information on its servers may have been compromised in the hacking attack earlier this year that saw around 1.5 million credit card details snatched.

In a press call, company CEO Paul Garcia said that subsequent investigations internally and by federal authorities into that attack have shown that confidential information submitted by small merchant customers may have been compromised, although it wasn't clear if the attackers had scanned it.

"What we initially announced did impact less than 1.5 million cards that we believed were taken by the bad guys for nefarious purposes," Garcia said. "This is something very different. We uncovered that the bad guys may have had access."

Garcia declined to give details on the nature of the information or the numbers of customers effected, but said that each would get $1m in identity fraud insurance paid for by the company. Credit agencies have also been informed and those at risk would be contacted. So far there was only "anecdotal" evidence of fraud on the stolen credit cards and none on the new leak, he said.

In an effort to woo back lost customers like Visa, Global Payments has drafted in an independent consultant to examine its security and data handling procedures. Some payment companies have pulled Global Payments from their data security standard (PCI DSS) list and Garcia said that his staff would then make any changes suggested in the consultant's report and reapply for certification.

Despite the loss of revenue stemming from the attack, Garcia said that the company was sticking with its current financial forecasts for the year and expects this to be a one-time cost to the balance sheet. ®

Internet Security Threat Report 2014

More from The Register

next story
George Clooney, WikiLeaks' lawyer wife hand out burner phones to wedding guests
Day 4: 'News'-papers STILL rammed with Clooney nuptials
Shellshock: 'Larger scale attack' on its way, warn securo-bods
Not just web servers under threat - though TENS of THOUSANDS have been hit
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
PEAK IPV4? Global IPv6 traffic is growing, DDoS dying, says Akamai
First time the cache network has seen drop in use of 32-bit-wide IP addresses
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
You dirty RAT! Hong Kong protesters infected by iOS, Android spyware
Did China fling remote access Trojan at Occupy Central?
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.