IT Observer - Unauthorised research opened door to MasterCard breach

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Unauthorised research opened door to MasterCard breach
Tuesday, 21 June 2005, 20:30 GMT

The head of the card processing firm blamed for a security breach affecting anything up to 40m credit card numbers has admitted it wasn't supposed to hold the compromised data. John M. Perry, chief exec of CardSystems Solutions, told the New York Times that the data was being kept for "research purposes".

MasterCard said that the [unencrypted] data - which included customers names, card numbers and cvv (security) codes but not customer addresses - had been "inappropriately retained" by CardSystems, the paper reports.

Read More at TheRegister

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