Visa, MasterCard Warn Of Breach At Card Processor

UPDATE–MasterCard and Visa have confirmed that they are investigating a potentially huge data breach at one of the companies’ payment processors, which the Wall Street Journal has identified as Global Payments Inc. The credit card giants are alerting banks about a breach at a U.S. based card...

Hacker pleads after busted with 675K stolen cards

A Georgia man has pleaded guilty to fraud and identity theft after authorities found him in possession of more than 675,000 credit card numbers, some of which he obtained by hacking into business networks Rogelio Hackett Jr., 26, pleaded guilty on Thursday to one count each of access device fraud...