Credit card processing service Slim CD, popular in the U.S. and Canada, has revealed a massive data breach that exposed the personal information of nearly 1.7 million customers. The hack, which went undetected for almost a year, has raised serious concerns about data security in the financial sector.
The Florida-based company, which offers payment gateway services and develops credit card-processing software, discovered suspicious activity in its computer environment on June 15, 2024, according to a customer notification letter dated September 6. The company later determined that unauthorized access to its systems occurred between August 17, 2023, and June 15, 2024.
Slim CD warned that this breach may have allowed hackers to view or obtain sensitive customer data, including names, addresses, credit card numbers, and card expiration dates. A filing with the Maine Attorney General’s office estimates that over 1.69 million customers were affected. Despite the scale of the breach, Slim CD has not offered any identity theft protection services to those impacted.
In its notification to customers, Slim CD urged vigilance against potential identity theft and fraud. The company recommended that affected individuals regularly review their account statements, monitor credit reports for suspicious activity, and consider placing a “fraud alert” or “credit freeze” on their credit files to protect against unauthorized transactions. […]
— Read More: www.zerohedge.com
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