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When everything old is new again?

Posted on February 27, 2009 by Dissent

In what comes as no real surprise to me based on what I had been thinking, Jaikumar  of Computerworld reports:

Days after Visa Inc. seemingly confirmed that a data breach had taken place at a third payment processor, following on the recent breach disclosures by Heartland Payment Systems Inc. and RBS WorldPay Inc., the credit card company is now saying that there was no new security incident after all.

In actuality, Visa said in a statement issued today, alerts that it recently sent to banks and credit unions warning them about a compromise at a payment processor were related to the ongoing investigation of a previously known breach. However, Visa still didn’t disclose the identity of the breached company, nor did it say why it is continuing to keep the name under wraps.

There’s lots more in the story. It appears that a lot of people — including the CUs — were somewhat misled by the wording of the security alerts. Read more on Computerworld.

Related posts:

  • Heartland in $60 mln settlement agreement with Visa
  • More details on the second processor breach (corrected and updated)
  • Visa puts Heartland on probation over breach — but what about RBS WorldPay?
  • Who is on TEKsystems Intel Leak
Category: Breach IncidentsFinancial SectorHackMalwareU.S.

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