Friday, June 17, 2005

Holy Crap! Master Card exposed how many holders?

Wow, they potentially exposed 40 million card holders to fraud! Now that is a big time screw up if I ever heard one. And it looks like one person had access to all this data.

MasterCard said it discovered the breach at an office of CardSystems Solutions Inc. in Tucson, Ariz. An unauthorized individual was able to infiltrate the firm's computer network and access cardholder data.

I wonder if it was an inside job by one of the root admins or some other higher up. They really should investigate how this person was able to get their hands on such a wide swatch of cards and such. Maybe the Congress will step in. Whoops they have:

The breaches have sparked a response from Washington: Representative Edward Markey (D-Ma.) has introduced three bills to protect consumers against identity theft.

I think they need a full-on congressional investigation on this though.

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