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World of Business
MasterCard, Visa Hit by Data Breach
Category: World of Business
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Friday, March 30, 2012/ 1655pm
Global Payments Inc., which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation.
The full extent of the breach couldn't be determined, one of the people said. It wasn't immediately clear if cardholders have been hit by fraudulent transactions.
Source: WSJ
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