Global Payments admits it was ditched from PCI lists

By Dan Kaplan on May 3, 2012 11:45 AM
Filed under Services

Breach forced brands to dump processor.

For the first time, breached processor Global Payments disclosed on Tuesday that a number of card brands have removed the company from their approved list of Payment Card Industry (PCI)-compliant service providers.

However, the US-based firm continues to process transactions for all of the major card brands as it seeks rejoin those lists, it said in an update.

Global Payments stands by its initial estimate that fewer than 1.5 million cards were impacted by the breach. However, it declined to provide any further details or a timeline of the attack.

"We identified and self-reported the incident in early March, and we will continue to provide information to the appropriate parties as revealed by the investigation," the company said.

A Visa spokesman on Wednesday said it has asked Global Payments to re-validate its compliance to PCI by using a qualified security assessor, or QSA. Retailers that use the company's services will not be liable for penalties during that time.

A MasterCard spokesman did not respond to a request for comment.

This article originally appeared at scmagazineus.com

 
Follow us on Facebook and Twitter
 

Copyright © SC Magazine, US edition

Promo

Global Payments admits it was ditched from PCI lists
 
 
 
 
 
Top Stories
M2 offers $1.6bn for iiNet: bidding war starts
Counters TPG's attempt to create massive telco.
 
Who's leading public, private and hosted cloud?
How Microsoft, Amazon, Rackspace, VMWare, Cisco and others stack up.
 
Unisys to shed 1,800 jobs in $300m restructure
New CEO shows the door to 8 percent of workforce.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
Do grey market imports hurt your business?

Latest Comments
CRN Magazine

Issue: 336 | March 2015

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.