11 December 2017
visit http://response.ncr.com

Nets warns of card data breach

26 October 2016  |  11396 views  |  0 credit card

Denmark's Nets has warned local banks and international card schemes of a data breach which may have compromised up to 100,000 credit cards.

The Danish payment processor has alerted banking customers to the hack, which it believes was linked to a single overseas Internet retailer.

It has called on local banks to replace the stolen cards. "By replacing possibly compromised cards preemptively, banks and shops can save an amount in the triple digit million (Danish crowns) range, which they could suffer in losses from trades made with stolen credit card information," the company says in a statement..

Reuters reports that Jyske Bank has already moved to block and replace 7000 cards caught up in the attack.

The company is working with Visa and MasterCard to investigate the breach.


Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Indian banks hit by massive ATM breach

Indian banks hit by massive ATM breach

20 October 2016  |  10535 views  |  2 comments | 17 tweets | 25 linkedin
Nets valued at $4.5 billion in IPO

Nets valued at $4.5 billion in IPO

23 September 2016  |  6015 views  |  0 comments | 7 tweets | 3 linkedin
Denmark's Nets partners Coinify to explore blockchain tech

Denmark's Nets partners Coinify to explore blockchain tech

25 May 2016  |  6396 views  |  0 comments | 8 tweets | 4 linkedin
Denmark's Dankort cards to go mobile with J/Speedy technology from JCB

Denmark's Dankort cards to go mobile with J/Speedy technology from JCB

19 April 2016  |  6344 views  |  0 comments | 2 tweets | 3 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.solutions.lexisnexis.comvisit http://info.nice.com

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18080 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11025 views comments | 7 tweets | 6 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
6627 views comments | 13 tweets | 20 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
6410 views comments | 8 tweets | 17 linkedin
Barclays, First Direct and Nationwide join FCA sandbox cohortBarclays, First Direct and Nationwide join...
5819 views comments | 5 tweets | 12 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job