Oh snap, you better check your credit card statement! MasterCard is investigating a feared security breach linked to a credit-card processor in the US and Visa has reportedly launched a similar investigation.
While the companies aren’t dishing out the details, financial insiders say it’s “massive,” potentially involving 10 million cards. MasterCard says it has notified law enforcement as well as issuing banks about “certain MasterCard accounts that are potentially at risk.” Visa is also notifying banks.
Banks themselves are trying to track down the processor behind the breach; the compromised cards appear to have been used at New York City-area parking garages. Make sure you check your credit card statement to make sure your information is all intact.
You can read more about the security breach here.
(Source: http://www.blackmediascoop.com/2012/03/30/check-yo-card-mastercard-visa-got-jacked/)
