MasterCard, Visa Warn Banks Of Breach; Global Payments Hit

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Credit card processors Visa (
V
) and MasterCard (
MA
) are warning banks of a potential massive security breach that could involve the data of more than 10 million accounts. The breach -- first reported by a security blog and then the Wall Street Journal -- involved an outside payment processor. That's reportedly Global Payments
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Posted In: Trading IdeasData Processing & Outsourced ServicesInformation Technology
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