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"Massive" Visa and Mastercard Breach - involves 10 million cards

From what I caught on the news, the breach is from one source and specific to the New York City area within the dates below for those who live-in or have visited NYC recently. 

 

NEW YORK ? DEVELOPING: Visa and MasterCard warned banks of a potential breach at a US-based credit card processor, the Krebs on Security blog reported Friday.

"Sources in the financial sector are calling the breach 'massive' and say it may involve more than 10 million compromised card numbers," Krebs wrote.

Alerts were sent out to US banks late last week advising them that certain cards may have been compromised. The affected US banks reportedly are analyzing data transactions in a bid to track a common point of purchase.

The breach was believed to have occurred between Jan. 21 and Feb. 25.

Neither firm revealed which processor had been compromised and did not respond to Krebs' request for comment.

In late 2008, a group of hackers breached the network of Princeton, N.J.-based payment processing giant Heartland Payment Systems, which processed transactions for restaurants, retailers and other merchants. Data from more than 100 million credit and debit cards were stolen.



Read more: http://www.foxnews.com/us/2012/03/30/visa-mastercard-warn-massive-security-breach-report-says/#ixzz1qbuIWuV0

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