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May 28, 2011 08:05 am

8000 Credit Cards' Details Compromised In Australian Bank Breach

mask.of.sanity writes "Australia's largest bank, the Commonwealth Bank, has cancelled 8,000 credit cards after it detected a data breach at a merchant. Mastercard and Visa may issue penalties including fines to the acquiring bank under the payment industry's PCI-DSS compliance rules. News of breaches is uncommon in Australia because the nation does not have data breach disclosure laws."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/L4VyZHPim1I/8000-Credit-Cards-Details-Compromised-In-Australian-Bank-Breach

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