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Do data breaches lead to fraud? It’s hard to argue with the data on this one…

04/24/2012 - 08:41
Yet another data breach has been announced, this one announced by Global Payments themselves. To give the company some credit in the midst of an awful situation, they are rare in reporting the breach within less than thirty days from the time they believe the incident occurred and that’s unusually responsive and transparent. These matters are gravely serious, as demonstrated by other payments acquirers having actually ceased operations due to breaches in the past.
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