Visa drops Global Payments after security breach
Credit card processor Global Payments said Visa had dropped it from a compliant providers registry after a security breach occurred. The breach could affect up to 1.5 million credit card numbers, Global Payments said. Global Payments, which also processes transactions for MasterCard, is to the latest to fall victim to a data breach. Here’s a look at some other financial institutions or holders of financial information that have fallen victim to some kind of breach.
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MasterCard and Visa alerted customers March 30, 2012, about a possible security breach at an Atlanta-based payment processing company. On April 2, Global Payments, the credit card processor said Visa had dropped it from the credit card company's list of providers that met security standards following the incident, the Associated Press reported. Global Payments said Monday that the breach may affect up to 1.5 million credit cards.
Norm Betts / Bloomberg
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