Another Payment Card Processor Breached

Computerworld reports that another payment processor has been rocked by a security breach. Details are few and the affected company has not been identified, but according to reports, attackers breached a U.S.-based company, uncovering the account numbers and expiration dates of payment cards used in card-not-present transactions between February 2008 and January 2009. It is the third breach incident involving a payment processor since December, coming on the heels of Heartland Payment Systems' breach announcement just weeks ago. Visa Inc. and MasterCard International Inc. have begun notifying banks and credit unions of the compromise. Some fraudulent transactions have been reported as a result of this latest breach.