Company Behind Biggest Data Leak Ever To Disappear
from the don't-let-the-door-hit-you-on-the-way-out dept
Credit-card processor CardSystems, which lost the data of 40 million credit cards to a hacker -- data it wasn't even supposed to have -- is being bought out. The purchaser acknowleges that because of the security breach, CardSystems won't be allowed to process some credit card transactions after October 31, but is trying to come to an arrangement to keep service going. Can't say we're too sympathetic to their cause, and there are 40 million cardholders that probably have similar feelings.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
...nothing better to do but post...
Someone tell me how the F* that works?? Please!
[ link to this | view in chronology ]
Re: ...nothing better to do but post...
[ link to this | view in chronology ]
Getting Out of Hand
These guys should be in court getting ready to have their business shut down, paying fines, etc.
Instead, they are getting ready to make even more money, and probably mistakes, for being very irresponsible with data they weren't even supposed to have.
There should be some legal action here, yet, there's none.
This whole thing leaves you with a very bad feeling, as most tech savvy internet users purchase online. With our card numbers floating around the internet in some hacker's hands, it makes you want to see to it that companies like this are never able to do any kind of technology business ever again.
Digitalus
[ link to this | view in chronology ]
The Shell Game
[ link to this | view in chronology ]
No Subject Given
[ link to this | view in chronology ]