Concerns about credit-card security heightened Friday after a little-known Atlanta company disclosed it had been hit by hackers, potentially exposing hundreds of thousands of account holders to fraud the Wall St Journal reports. Credit and debit card processor Global Payments has been hit by a security breach that has put some 50,000 cardholders at risk,
The breach at Global Payments Inc. GPN -9.06% is the latest in a wave of data attacks that have heightened consumer concerns about identity theft. The card industry has been particularly vulnerable to those concerns amid a slew of big breaches in recent years as more Americans choose to pay with plastic rather than cash.
The company declined to say how many cards were at risk, but people familiar with the investigation estimated that it could be hundreds of thousands....
Visa said that the incident is being investigated by the U.S. Secret Service, which typically probes such breaches, as well as an unidentified forensic company.
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