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Visa, MasterCard Warn Banks of Suspected Card Breach

Posted by Kara Reeder Nov 23, 2009 10:58:11 AM

Visa and MasterCard are warning banks of possible fraudulent credit card transactions following a data breach in Spain, according to Computerworld. European customers who may have had transactions processed in Spain are likely affected.

 

Both Visa and MasterCard have notified banks, but there is no word on how many cards are thought to have been compromised. German banks have opted to replace their customers' cards, as have banks in Austria, Sweden and Finland.

 

Visa seems to be a popular target of criminals lately. Last week, Webroot warned of a phishing scam that makes use of the ‘Verified by Visa' authentication program to target holiday shoppers who buy gifts online.

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