As many as one and a half million American credit card numbers have been stolen from payment processing company Global Payments.
But, says the company, while Track 1 and 2 card data may have been stolen, cardholder names, addresses and social security numbers appear to be safe. It says it’s working with forensic firms, regulators and law enforcement to try and minimize the effects of the attack.
However, Track 1 and track 2 data can be used to allow the hackers to produce cards including the CVV/CCV code often required for online transactions, and already many fraud attempts have been made, mainly in the New York area.
Global Payments gives merchants access to the payment brokering networks such as MasterCard and VISA, both of which say their own networks weren’t involved.
“We are making rapid progress toward bringing this issue to a close. Our nearly 4,000 employees around the world are focused on providing exceptional service,” says chairman and CEO Paul R Garcia.