7 million accounts may have been compromised as a result of the breach

May 18, 2012 13:55 GMT  ·  By

It’s becoming more and more obvious that more than 1.5 million cards have been compromised as a result of the breach that affected Global Payments. It turns out that the alerts card issuers have sent to banks date as far back as January 2011.

Initially, the company’s representatives stated that their systems had been penetrated at the beginning of 2012. Later reports revealed that in June 2011 signs of the breach had already been seen.

Now, according to BankInfoSecurity, two card issuers released advisories almost one and a half years ago.

While Global Payments has been silent in the past period, some reports have revealed that as many as 7 million credit and debit accounts may have been exposed.

Recently, security journalist Brian Krebs has learned that Union Savings Bank is one of the affected financial institutions, but we can probably expect more organizations to come forward in the future.