CardSystems says FBI said not to go public on credit card security breach

[JURIST] CardSystems Solutions, Inc. [corporate website] said Friday that the FBI told them to refrain from releasing any informing regarding a security breach [JURIST report] which potentially exposed over 40 million cardholders to fraud. CardSystems said they first discovered the breach on May 22 [press release] and were surprised by MasterCard's decision to inform its customers in light of the FBI's recommendation. MasterCard [corporate website] released a statement Friday saying that approximately 13.9 million of the cards belonged to its customers and the rest were other brands. AP has more.



 

About Paper Chase

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible format.

© Copyright JURIST Legal News and Research Services, Inc., 2013.