Troubled CardSystems to be sold
An electronic payment company plans to buy CardSystems, the transaction processing company which had data on 40 million customers compromised when hackers broke into its servers recently. On Friday, CyberSource Corp. announced that it has signed a letter of intent to acquire the CardSystems assets, a transaction that could close by year's end.
By Robert McMilla at InfoWorld.
[ Read more ]
By subscribing to our early morning news update, you will receive a daily digest of the latest security news published on Help Net Security.
With over 500 issues so far, reading our newsletter every Monday morning will keep you up-to-date with security risks out there.