RE: Transitive Trust: 40 million credit cards hack'd

["Paul Melson" <pmelson () gmail com>]

And here we go...

http://www.thedenverchannel.com/money/4633901/detail.html 



-----Original Message-----
Subject: [fw-wiz] Transitive Trust: 40 million credit cards hack'd

40M credit cards hacked
Breach at third party payment processor affects 22 million Visa cards and 14
million MasterCards.
http://money.cnn.com/2005/06/17/news/master_card/index.htm?cnn=yes

This sounds like (yet another) classical example of "transitive trust gone
wrong."
Visa/MasterCard trusted a 3rd party to hold their data and - oops - the
trust was misplaced.

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