Wednesday, July 29, 2009

Half Million Credit Cards put at Risk by Security Breach

Network Solutions which owns the Monster Commerce webstore sites notified its merchants when they logged in on Monday that an unauthorized code may have been used to transfer data on approximately 4,343 of their more than 10,000 merchant websites to servers outside the company. The unauthorized code may have captured data on transactions by approximately 573,928 credit card holders.

The breach occurred on cards processed between March 12, 2009 and June 8, 2009. Network Solutions is working with law enforcement on the issue. As a courtesy to Network Solutions customers they are giving each of their merchants affected the option to provide free credit monitoring to their customers through Trans Union. This is at the discretion of the individual merchants.

Those merchants processing orders using Paypal as a payment method are unaffected. As more online merchants switch to Paypal for a payment method they are reducing the risk exposure to both their customers and themselves.

1 comment:

  1. Hi Gary, thank you for highlighting the customer communication efforts taken by the Network Solutions team in this security issue. We will be notifying all our merchants’ customers through TransUnion and are making this as turnkey as possible for our E-commerce customers. For up-to-date information on steps taken by Network Solutions to help customers please visit www.careandprotect.com.

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