Visa probes reported security breach of card processor

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Jack

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The Register said:
Credit card company Visa is investigating the possible breach of a payment processor in Europe that may have compromised more than 10,000 cards in Eastern Europe.

In a statement issued on Thursday, according to IDG News, the issuer said: “Visa Europe has been informed of a potential data security breach at a European processor and an investigation is underway. We are working closely with our member banks to ensure cardholders are protected.”

The statement didn't name the processor or the country where it's located.

The statement came a day after a news article published by Romania Business Insider cited Visa Europe's general manager as saying Romania's CEC Bank blocked 17,000 payment cards because of suspicions they had been compromised.

A statement issued by CEC Bank, according to SC Magazine, said: “The bank has been informed that a number of cards issued by banks in Romania and abroad have been potentially compromised through an international database. CEC Bank has decided to block the cards and reissue a new card and PIN, at no cost, for a number of cards in its portfolio.”

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