Massive Visa and Mastercard credit card data theft

http://redtape.msnbc.msn.com/_news/2012/03/30/10940640-mastercard-confirms-major-credit-card-data-theft

By Bob Sullivan March 30, 2012

Law enforcement officials are investigating what appears to be a massive theft of U.S. consumers' credit card data, MasterCard confirmed Friday. The computer security expert who first reported the theft said it might involve 10 million MasterCard and Visa accounts, making it one of the largest credit card heists in recent memory.

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Gartner security expert Avivah Litan said she's been told that the stolen data is already being used on the street by identity thieves.

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