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Visa Europe investigates a potential processor security breach

16 decembrie 2011

December 16, 2011 – Visa Europe is investigating a possible data breach at an Eastern European payment processor that may have hit thousands of cardholders, according to Finextra. The firm has confirmed it is looking in to the problem which appears to have hit a processor serving a merchant chain operating in several Eastern European countries.

„Visa Europe has been informed of a potential data security breach at a European processor and an investigation is underway. We are working closely with our member banks to ensure cardholders are protected,” says a statement.

Romania’s state-owned CEC Bank has confirmed that it is already in the process of reissuing around 17,000 cards over the incident, according to the IDG News Service. The Romanian Association of Banks has also issued a statement warning cardholders to monitor their accounts for suspicious activities.

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Cifra/Declaratia zilei

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:


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?