How Long Was The Huge Credit Card Data Theft Kept Secret?

from the inquiring-minds-want-to-know dept

As more news comes out about the huge security breach from Card Systems that exposed 40 million credit cards to hackers, the story raises even more questions. In an earlier post that discussed how Card Systems wasn't even supposed to have this data, we also noted that there were indications that the company knew about the breach for at least a month before revealing it. Jeremy Wagstaff has been following this case closely and is now pointing out that it looks like the breach was actually discussed many months earlier -- making him wonder who knew about the breach at what point, and how come nothing was done earlier to respond to the issue.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    Anonymous Coward, 19 Jul 2005 @ 5:45pm

    Great move!

    I think Visa and Amex's decision to severe their business with CardSystems over this mess is an excellent move.

    It sends a message to other data-handling companies, that if the data they hold is ever compromised, they will be put out of business - no questions asked!

    link to this | view in chronology ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.