Heartland reveals huge credit card scam

by admin January 21, 2009 at 12:24 pm

Millions of card details may have been lost

Credit card processing firm Heartland Payment Systems has uncovered malicious software in its computers that has been diverting information used for credit card cloning.

The company said that it started to get reports last year of increasing levels of card fraud among its customer base.

Heartland called in investigators who found malicious code in its servers which could scan and send on the data stored on the magnetic strip of credit and debit cards.

The company handles up to 100 million credit card transactions a month for over 250,000 US businesses.

Read more: vnunet.com