Global Payments Inc., the firm that has acknowledged it is the source of the most recent significant card data breach, has said that 1.5 million accounts were compromised but called the breach “contained.”
“We are making rapid progress toward bringing this issue to a close,” said Global Payments Chairman/CEO Paul R. Garcia. “Our nearly 4,000 employees around the world are focused on providing exceptional service. We are open for business and continue to process transactions for all of the card brands.”
The company said the investigation to date has revealed that Track 2 card data may have been stolen, but that cardholder names, addresses and social security numbers were not obtained by the criminals.
Media outlets on April 1 said over the weekend that has dropped Global Payments from the list of compliant service providers due to the breach, but neither Visa nor the company has commented further.
The card brand did issue a statement that read in part that “every business that handles payment card information is expected to protect the security and privacy of their customers’ financial information by adhering to the highest data protection standards.”
PSCU was among the companies notifying its clients about the breach.