Card brands dump Global Payments

Powered by SC Magazine
 

Visa asks company to re-validate to PCI standards.

US card brands have dumped breached processor Global Payments from their approved list of Payment Card Industry (PCI)-compliant service providers.

The Atlanta-based firm continued to process transactions for major card brands as it seeks rejoin those lists, it said in an update.

Global Payments stood by its initial estimate that fewer than 1.5 million cards were impacted by the March breach.

But it declined to provide any further details or a timeline of the attack.

"We identified and self-reported the incident in early March, and we will continue to provide information to the appropriate parties as revealed by the investigation," the company said.

A Visa spokesman on Wednesday told SC Magazine it asked Global Payments to re-validate its compliance to PCI by using a qualified security assessor.

Visa dumped Global Payments from its approved list of payments providers in April.

Retailers that used the company's services would not be liable for penalties during that time.

A MasterCard spokesman did not respond to a request for comment.

This article originally appeared at scmagazineus.com

Copyright © SC Magazine, US edition


Card brands dump Global Payments
 
 
 
Top Stories
First look: Microsoft Outlook for iOS
[Update] Office productivity suite for iOS completed with Outlook.
 
NewSat defaults on $26m in overdue Lockheed payments
Jabiru-1 satellite build hits further hurdles.
 
IBM denies plans to cut 112k jobs
But admits to further restructuring.
 
 
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
  36%
 
Your insurance company
  5%
 
A technology company (Google, Facebook et al)
  9%
 
Your telco, ISP or utility
  8%
 
A retailer (Coles, Woolworths et al)
  4%
 
A Federal Government agency (ATO, Centrelink etc)
  18%
 
An Australian law enforcement agency (AFP, ASIO et al)
  14%
 
A State Government agency (Health dept, etc)
  7%
TOTAL VOTES: 3075

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

   |   View results
I support shutting down the OAIC.
  27%
 
I DON'T support shutting the OAIC.
  73%
TOTAL VOTES: 977

Vote