NPR logo

Feds Investigate Credit Card Security Lapse

  • Download
  • <iframe src="https://www.npr.org/player/embed/4714607/4714608" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Feds Investigate Credit Card Security Lapse

Business

Feds Investigate Credit Card Security Lapse

Feds Investigate Credit Card Security Lapse

  • Download
  • <iframe src="https://www.npr.org/player/embed/4714607/4714608" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Federal banking regulators have begun an investigation into the credit card payment processing company whose security breach put millions of American cardholders at risk for fraud. One of the security steps the firm might have taken, but did not, is encrypting the data.