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Breached Payments Processor: Damage Greater Than Estimated

DATA LOSS—U.S.

June 13, 2012

A Georgia-based payments processor that suffered a data breach earlier this year says the breach's effects may be broader than originally estimated, The Wall Street Journal reports. Global Payments, Inc., says it now believes thieves may have gained access to personal information from its merchant customers, the report states, and still believes data from 1.5 million accounts was stolen in the breach. "It is unclear whether the intruders looked at or took any personal information from the company's systems," the company said in a statement, adding that it has "made substantial progress" in its investigation and in its remediation efforts. It will provide additional information on the breach by July 26. (Registration may be required to access this story.)
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