Scope of credit card security breach expands

[UpInArms]

http://www.computerworld.com/securitytopics/security/story/0,10801,101101,00.html

(COMPUTERWORLD) - A security problem that prompted HSBC Bank PLC to begin warning 180,000 of its credit card holders about potential ID thefts may have also affected several other credit card companies and issuing banks.

Visa U.S.A. Inc. and MasterCard International Inc. both confirmed today that they have been notified of the breach and have in turn notified several banks and credit card companies of the potential data compromise. They declined to say how many companies have been notified.

Since Monday, HSBC North America Holdings Inc., a division of London-based HSBC Holdings PLC, has been asking holders of its General Motors Corp.-branded MasterCard to replace their cards because their confidential information may have been compromised (see story).

...more...

[notadmblnd]

1. glad I don't have any of those.

Got rid of them all 3 years ago and never plan to get another.

[unhappycamper]

2. Arlen Specter had a half day hearing on 4/13

"Securing Electronic Personal Data: Striking a Balance Between Privacy and Commercial and Governmental Use."

He dope-slapped the Lexus-Nexus and Choicepoint CEOs pretty good.

My opinion: Nothing like some serious fines and financial disincentives to make these assholes pay attention.

[madfloridian]

3. Identity theft now not covered under bankruptcy bill.

How coincidental.

[Sydnie]

4. I was just about to say that very thing!

How long before they will hold all card holders responsible for charges that they don't make when either the card or their info is stolen?

Geesh, they want their money and their write offs too?