After 1.5 Million Bank Cards Hacked, Experts Say Global Payments’ Breach May Not Be Only One | Roland Martin Reports

After 1.5 Million Bank Cards Hacked, Experts Say Global Payments’ Breach May Not Be Only One

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Source: Susanna Kim / ABC News

Global Payments Inc., the third-party payments processor that had 1.5 million bank card numbers hacked, claims he “incident is contained,” though security experts say other transactions may have been compromised.

“I think there are more questions than answers,” said Avivah Litan, vice president and analyst with Gartner Research, after Global Payments’ conference call on Monday morning about the breach.

Visa removed Global Payments from its list of “compliant service providers” after the breach, though it said the processor can re-apply after it shows its security is “in compliance with Visa’s standards.”

Beverly Harzog, credit card expert with Credit.com, advised that if you have been affected by the breach, your bank will contact you and issue a new card and account number. But she said it’s a good idea to call your bank and check on the status of your account even if you haven’t been officially notified. The hackers reportedly obtained credit card account information, and no Social Security numbers, at least, and they can use this data to make counterfeit credit cards, Harzog said.

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