Editor’s Note: The Federal government makes extensive use of payment cards.
Law enforcement officials are investigating what appears to be a massive theft of U.S. consumers’ credit card data, MasterCard confirmed Friday. The computer security expert who first reported the theft said it might involve 10 million MasterCard and Visa accounts, making it one of the largest credit card heists in recent memory.
“MasterCard is currently investigating a potential account data compromise event of a U.S.-based entity and, as a result, we have alerted payment card issuers regarding certain MasterCard accounts that are potentially at risk,” the association said in a statement. “Law enforcement has been notified of this matter and the incident is currently the subject of an ongoing forensic review by an independent data security organization.”