payment mastercard information security in news
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Stories of the Month - September 2007
News Another futuristic technology taking off is contactless payments, which received a boost this month with Mastercard and Maestro launching 'tap and go' payment cards in London. In other data security news, the Information Commissioner's Office... [28 Sep 2007]
Credit card companies forge security alliance
News American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International announced on Thursday the creation of an organisation to develop and maintain security standards for credit and debit card payments. [08 Sep 2006]
Visa and MasterCard to clear up links with data loss firm
News A judge has asked MasterCard and Visa to disclose details about their relationship with CardSystems Solutions, the payment processor that was the subject of a high-profile data security breach. CardSystems, MasterCard, Merrick Bank and Visa were... [28 Sep 2005]
Massive ID theft ring still operating
News Instead, Sunbelt has sent a list of customers that have been affected to credit card providers Mastercard and Visa, as well as online auction site eBay and its internet payment system PayPal. An estimated 27,000 people have been affected by an... [25 Aug 2005]
MasterCard data breach: Lawsuit demands damages
News The suit accuses the companies of violating California law by neglecting to secure credit card systems and by failing to inform consumers in a timely manner about a security breach at CardSystems, which was disclosed publicly on 17 June by... [07 Jul 2005]
MasterCard scandal: More details emerge
News The probe also found that the Atlanta-based payment processor did not meet MasterCard's security regulations. The data security breach, possibly the largest to date, happened because intruders were able to exploit software security vulnerabilities... [21 Jun 2005]
MasterCard scandal: Worst data theft ever?
News The breach occurred at CardSystems Solutions in Tucson, Arizona, a third-party processor of payment data, according to a MasterCard statement. In what could be the largest data security breach to date, MasterCard International on Friday said... [20 Jun 2005]
MasterCard culls 1,400 phishing sites
News It roped in security software vendor NameProtect as a partner and started round the clock internet monitoring to identify online credit-card trading rings, phishing scams and other forms of payment fraud that target MasterCard's financial partners... [19 May 2005]
Corporate secrecy hampering fight against cybercrime
News Currently an e-tailer has to absorb the cost of a fraudulent transaction, and in addition is fined by the credit card firms - such as Visa and Mastercard - who then put them in a higher risk category and charge more to process the transactions. [13 Nov 2001]
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