(Follow-up) Credit cards re-issued in Finland after data breach in Spain
A credit card security breach has been uncovered in Spain that may involve up to tens of thousands of Finnish bank and credit cards.
So far it is not known exactly how many Visa or Master Card accounts have been compromised because of the information breach. Where in Spain the hacking took place is also unclear.
In Finland, the news was first reported on Tuesday by the Finnish Broadcasting Company’s (YLE) main evening news bulletin.
According to Henry Kylänlahti, a Vice President at Luottokunta, a full-service card payment company that provides banks with card payment solutions, it is likely that the target of the hacking has been a Spanish firm in charge of card payment arrangements.
The large volume of the cards for which the information has ended up in the wrong hands indicates that the criminals have managed to gain access to payment processing data.
Read more on Helsingin Sanomat.