Payment gateway data breach affects 1.7 million credit card owners

Payment gateway data breach affects 1.7 million credit card owners

September 9, 2024 at 10:39AM

Payment gateway provider Slim CD disclosed a data breach compromising credit card and personal data of nearly 1.7 million individuals. Hackers had access to the network for almost a year. Though the exposed data isn’t enough for fraudulent transactions, a risk of credit card fraud exists. Slim CD has augmented security measures and advises recipients to watch for fraud signs.

Based on the meeting notes, here are the key takeaways:

1. Slim CD, a payment gateway provider, has reported a data breach that affected nearly 1.7 million individuals, compromising credit card and personal data.
2. The breach occurred between August 17, 2023, and June 15, 2024, with unauthorized access to the network detected in June 2024.
3. The unauthorized access may have allowed the threat actor to view or obtain client information, including full names, physical addresses, credit card numbers, and payment card expiration dates. However, the card verification number (CVV) was not exposed.
4. While the exposed information may not be sufficient for fraudulent transactions, there is still a risk of credit card fraud.
5. Slim CD has implemented security measures to prevent similar incidents and issued a notification advising affected individuals to remain vigilant for signs of fraud and report any suspicious activity to their card issuer.
6. No free-of-charge identity theft protection services were offered to the affected individuals.

These takeaways capture the essential information from the meeting notes regarding the data breach and the actions taken by Slim CD.

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