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Intercontinental card data breach hits 1200 hotels

20 aprilie 2017

InterContinental Hotel Group says that it has found malware designed to steal payment card details at around 1200 of its franchise hotels in the US. UK-based IHG – which operates brands including Holiday Inn and Crowne Plaza – says that the breach affects cards used at front desks at the hotels between late September and late December last year.

The company had admitted a breach in February but said that only around 12 properties were involved. It has now posted an online tool showing around 1200 hotels were hit in the US and one in Puerto Rico.

IHG says that it became aware of the breach after franchisees were contacted by card networks warning about unauthorised charges on cards that had been used legitimately at their hotels.

An investigation found malware which searched for track data – card numbers, expiration dates, internal verification code and, sometimes, names – read from the magnetic stripe of cards as it was being routed through the affected hotel server.

Franchisees that used IHG’s P2P encryption payment technology before September were not affected by the Malware, says the hotel group.

Source: finextra.com

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?