Romanian bank fears hack, axes cards

Powered by SC Magazine
 

17,000 cards blocked.

Visa and the Romanian Banks Association have reported notifications of a possible database security breach at a European processor.

According to Romania Business, CEC Bank blocked 17,000 cards on suspicions of a security breach shortly after Visa was notified.

Visa's Romanian office was reportedly working with banks to protect cardholders and asked customers to report suspect activity.

The Romanian Banks Association said on 14 December it was notified of a security breach at a European processor that might have led to the theft of transactional data.

“The bank has been informed that a number of cards issued by banks in Romania and abroad have been potentially compromised through an international database," CEC Bank said in a statement.

The bank blocked "a number of cards" and reissued PINs.

However, it added that the attack did not target CEC Bank's cards specifically and was not due to a vulnerability within the bank.

So far, CEC Bank is the only bank in Romania to have declared itself a victim of the breach.

The Heartland Payment Systems breach in January 2009 led to the compromise of 130 million credit cards after intruders broke into the systems and planted malicious software to steal card data carried on the company's networks.

This article originally appeared at scmagazineuk.com

Copyright © SC Magazine, UK edition


Romanian bank fears hack, axes cards
 
 
 
Top Stories
 
Beyond ACORN: Cracking the infosec skills nut
[Blog post] Could the Government's cybercrime focus be a catalyst for change?
 
The iTnews Benchmark Awards
Meet the best of the best.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
Who do you trust most to protect your private data?







   |   View results
Your bank
  38%
 
Your insurance company
  4%
 
A technology company (Google, Facebook et al)
  8%
 
Your telco, ISP or utility
  8%
 
A retailer (Coles, Woolworths et al)
  3%
 
A Federal Government agency (ATO, Centrelink etc)
  19%
 
An Australian law enforcement agency (AFP, ASIO et al)
  14%
 
A State Government agency (Health dept, etc)
  6%
TOTAL VOTES: 1899

Vote
Do you support the abolition of the Office of the Information Commissioner?