uh-oh: Visa, MC: 5 million accounts hacked

Quaker_Parrots · 02-19-2003, 09:47 AM

http://msnbc.com/news/874126.asp?cp1=1

Visa, MC: 5 million accounts hacked

Third-party processor leaked data, credit card firms say

Feb. 18 — More than five million Visa and MasterCard accounts throughout the nation were accessed after the computer system at a third party processor was hacked into, according to representatives for the card associations. Early indications were that none of the information, which would include credit card numbers, was used in a fraudulent way, according to the representatives.

THE ASSOCIATIONS said they could not provide a timeline of when the breach took place or details on how it was accomplished because it involved a third party processor used by merchants and not Visa or MasterCard systems. The associations said they could not disclose the name of that processor.
Visa and MasterCard are associations made up of financial institutions who issue the cards.
MasterCard said it began to notify its members the week of Feb. 3 that more than 2 million MasterCard accounts had been broken into after the processor told it about the problem, MasterCard spokeswoman Sharon Gamsin told Reuters.

About 3.4 million Visa accounts also have been accessed in the incident, according to spokesman John Abrams.
“Visa’s fraud team immediately notified all affected card issuing financial institutions and is working with the third-party payment card processor to protect against the threat of a future intrusion,” the association said in a statement.
Neither Visa nor MasterCard would disclose which institutions were involved.
“This is not something regional, it was throughout the nation and could be any bank,” Abrams said.
Both associations said no customer would be liable for any charges incurred as a result of fraud. They said the processor was working with law enforcement officials on the matter.

Quaker_Parrots · 02-19-2003, 09:58 AM

Boy am I glad I don't have credit cards

wingsfan · 02-19-2003, 10:00 AM

I don't think it had anything to do with online shopping, it was hacked through the verifying system is what they said on the news here. The system they use to make sure you have enough $$ on the card to cover the purchase.

jayhawkfan · 02-19-2003, 10:49 AM

Yeah no kidding....They wouldnt get much from my Visa Debit. For that matter they wouldnt get much with my regular Visa. And with the status of my credit they wouldnt want my identity either

schsa · 02-19-2003, 11:27 AM

Just keep an eye on your bill when it comes in. That will be the kicker.

Ghetto_Gurl · 02-19-2003, 11:46 AM

uh ohs we have ALOT of cash in our bank account

hope they didnt get mine. going to check my bank account right now.

02-19-2003, 11:56 AM

checking your accounts daily and weekly is the best thing to do to be aware.
TO catch something early is how I found 2 huge charges I didn't make in 2001. The looser who used my card had items shipped to their house, and paid a bill with an account number. easy to find them.

wingsfan · 02-19-2003, 11:57 AM

Quote:

Originally posted by jayhawkfan
Yeah no kidding....They wouldnt get much from my Visa Debit. For that matter they wouldnt get much with my regular Visa. And with the status of my credit they wouldnt want my identity either

LMAO...that exactly what I said to DH last night.

02-19-2003, 02:11 PM

I wonder if this is why I had two teen-porn membership charges to my Mastercard recently.

Really pissed me off. I had the card changed immediately. Everybody . . . use Shopsafe whenever possible. It's lightning fast, spits out a virtual card number in seconds, lets you assign a maximum amount, and lets you expire the number in one month.

It's particularly useful for cyclical charges, such as an over-ambitious internet provider you wish to try out for free for, say, 3 months . . . and then foreclose them from "accidentally" (yeahright) continuing to charge you after you've cancelled. Oh and, they won't be able to tell it's a virtual number.

Loads o' fun. Best thing since the invention of Lycra LOL.

MommyG3 · 02-19-2003, 02:58 PM

It is VERY scary. My boss's brother had his identity stolen a year ago and he is working very hard to get THAT mess straightened out.

captorquewrench · 02-19-2003, 04:01 PM

oh goodness I hope it was not VeriSign.

02-19-2003, 09:47 AM	#1 (permalink)
Quaker_Parrots QP Join Date: Apr 2001 Location: Apple country Posts: 4,852 iTrader: (1) Thanks: 22 Thanked 99 Times in 50 Posts	uh-oh: Visa, MC: 5 million accounts hacked http://msnbc.com/news/874126.asp?cp1=1 Visa, MC: 5 million accounts hacked Third-party processor leaked data, credit card firms say Feb. 18 — More than five million Visa and MasterCard accounts throughout the nation were accessed after the computer system at a third party processor was hacked into, according to representatives for the card associations. Early indications were that none of the information, which would include credit card numbers, was used in a fraudulent way, according to the representatives. THE ASSOCIATIONS said they could not provide a timeline of when the breach took place or details on how it was accomplished because it involved a third party processor used by merchants and not Visa or MasterCard systems. The associations said they could not disclose the name of that processor. Visa and MasterCard are associations made up of financial institutions who issue the cards. MasterCard said it began to notify its members the week of Feb. 3 that more than 2 million MasterCard accounts had been broken into after the processor told it about the problem, MasterCard spokeswoman Sharon Gamsin told Reuters. About 3.4 million Visa accounts also have been accessed in the incident, according to spokesman John Abrams. “Visa’s fraud team immediately notified all affected card issuing financial institutions and is working with the third-party payment card processor to protect against the threat of a future intrusion,” the association said in a statement. Neither Visa nor MasterCard would disclose which institutions were involved. “This is not something regional, it was throughout the nation and could be any bank,” Abrams said. Both associations said no customer would be liable for any charges incurred as a result of fraud. They said the processor was working with law enforcement officials on the matter.

02-19-2003, 09:58 AM	#2 (permalink)
Quaker_Parrots QP Join Date: Apr 2001 Location: Apple country Posts: 4,852 iTrader: (1) Thanks: 22 Thanked 99 Times in 50 Posts	Boy am I glad I don't have credit cards __________________ ((( *( )> ( ) )** ///^^ Quaker Parrot & African Grey lover Feedback

02-19-2003, 10:00 AM	#3 (permalink)
wingsfan Club B@nned Join Date: Oct 2000 Location: My heart is wherever Keith is! Posts: 3,448 iTrader: (0) Thanks: 0 Thanked 0 Times in 0 Posts	I don't think it had anything to do with online shopping, it was hacked through the verifying system is what they said on the news here. The system they use to make sure you have enough $$ on the card to cover the purchase. __________________ Nothing tastes as good as losing weight feels! 70 lbs. lighter!

02-19-2003, 11:27 AM	#5 (permalink)
schsa Seeker of Wisdom Join Date: Jan 2001 Location: Charleston, SC Posts: 10,593 iTrader: (0) Thanks: 0 Thanked 0 Times in 0 Posts	Just keep an eye on your bill when it comes in. That will be the kicker. __________________ I'd rather laugh with the sinners than cry with the saints.

02-19-2003, 11:46 AM	#6 (permalink)
Ghetto_Gurl BigBig Addict! Join Date: Jun 2002 Location: where ever the party is :o) Posts: 2,572 iTrader: (0) Thanks: 0 Thanked 0 Times in 0 Posts	uh ohs we have ALOT of cash in our bank account hope they didnt get mine. going to check my bank account right now. __________________ HAVE YOU KEPT IT REAL TODAY?? I HAVE! MY FSOT FEEDBACK I am now the offical get your thread locked now poster!

02-19-2003, 10:49 AM	#4 (permalink)
jayhawkfan wishy washy Join Date: Dec 2002 Posts: 1,749 iTrader: (3) Thanks: 2 Thanked 26 Times in 16 Posts	Yeah no kidding....They wouldnt get much from my Visa Debit. For that matter they wouldnt get much with my regular Visa. And with the status of my credit they wouldnt want my identity either

02-19-2003, 11:56 AM	#7 (permalink)
odyssey Posts: n/a	checking your accounts daily and weekly is the best thing to do to be aware. TO catch something early is how I found 2 huge charges I didn't make in 2001. The looser who used my card had items shipped to their house, and paid a bill with an account number. easy to find them.

02-19-2003, 02:11 PM	#9 (permalink)
Tyt Budget Posts: n/a	I wonder if this is why I had two teen-porn membership charges to my Mastercard recently. Really pissed me off. I had the card changed immediately. Everybody . . . use Shopsafe whenever possible. It's lightning fast, spits out a virtual card number in seconds, lets you assign a maximum amount, and lets you expire the number in one month. It's particularly useful for cyclical charges, such as an over-ambitious internet provider you wish to try out for free for, say, 3 months . . . and then foreclose them from "accidentally" (yeahright) continuing to charge you after you've cancelled. Oh and, they won't be able to tell it's a virtual number. Loads o' fun. Best thing since the invention of Lycra LOL.

02-19-2003, 02:58 PM	#10 (permalink)
MommyG3 Registered User Join Date: Mar 2002 Location: NORTH MS Posts: 4,459 iTrader: (0) Thanks: 0 Thanked 0 Times in 0 Posts	It is VERY scary. My boss's brother had his identity stolen a year ago and he is working very hard to get THAT mess straightened out.

02-19-2003, 04:01 PM	#11 (permalink)
captorquewrench kinkysax Join Date: Jan 2001 Location: Houston Posts: 10,423 iTrader: (0) Thanks: 1 Thanked 17 Times in 13 Posts	oh goodness I hope it was not VeriSign. __________________ Hate is easy. Loves takes courage.

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