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Cyber Security

Global Payments Inc. Acknowledges Breach

Electronic credit card processor Global Payments Inc. acknowledged late Friday that its system was breached earlier this year. A portion of its processing system had been compromised in early March and that company credit card data may have been accessed The company immediately halted its trading in New York and saw its stock dip 9.1 percent to $47.50. The Wall Street Journal first implicated the Atlanta-based company in the breach earlier today. It s not known yet how many cardholders could be at risk.

Source: https://threatpost.com/global-payments-inc-acknowledges-breach-033012/76387/

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