More Credit Fraud — But More Potential Security, too

The news in credit cards this week is kind of yin/yang, straddling both sides of the security fence. On the one hand, there’s news of another breach, this one affecting the St. Louis- based Schnucks Market chain, which confirmed an April 15 “hack” affecting 2.4 million credit and debit cards, used at nearly 80% of its 100 stores.  Track 2 card numbers and expiration data were were breached in specific stores, and depending where your customers are based, they may not be affected at all.

Fallout Continues from Recent Global Payments Breach

The recent security breach reported by Global Payments — as previously discussed here — continues to leave the payments industry searching for clues as to what went wrong this time, and what can be done to prevent a “next time.”