Global Payments Identifies and Self-Reports Unauthorized Access into a Portion of Its Processing System

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Global Payments Inc.
GPN
announced it identified and self-reported unauthorized access into a portion of its processing system. In early March 2012, the company determined card data may have been accessed. It immediately engaged external experts in information technology forensics and contacted federal law enforcement. The company promptly notified appropriate industry parties to allow them to minimize potential cardholder impact. The company is continuing its investigation into this matter. "It is reassuring that our security processes detected an intrusion. It is crucial to understand that this incident does not involve our merchants or their relationships with their customers," said Chairman and CEO Paul R. Garcia.
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