Heartland breach felt in Bermuda

Saturday, July 18, 2009

Hundreds of Bermudians may have been the victims of credit card fraud stemming from a US security breach in January.

Many people have had their cards cancelled due to suspicious activity as criminals are using credit cards cloned from information stolen from a credit card processing company in the US.

Capital G President and CEO John Kephart said that around five to six percent of all cardholders in Bermuda have experienced some degree of fraud.

“There’s a lag period of time, and then the copied cards appear,” said Mr. Kephart. “The general consensus is that this is the wave of cards coming out of the breach in January.

Read more in The Royal Gazette.

Original Source: http://www.databreaches.net/?p=6291
Possibly Related Articles:
Network->General PCI DSS
Data Loss Encryption Legal breaches
Post Rating I Like this!