Bank card details leaked

2012-11-09 15:56

Private credit card and banking details were leaked during a breach

at a company which processes online transactions, the Payments Association of SA

(Pasa) has said.

Pasa CEO Walter Volke said there was no need for “undue concern” by


“There are indications at this stage that only a limited number of

card details have been accessed by outside organisations, and as a result

limited fraud has been perpetrated,” he said in a statement.

He said card users need to report suspicious account transactions

to their banks.

Pasa discovered the breach earlier in the week.

The company which processed the online transactions “serves a

number of large online merchants”, it said.

“The card data emanating from these online transactions seems to

have been stored in a manner which does not meet the stringent security

standards expected by Pasa, the international card schemes and the banks,”

Volker said.

“Pasa has been working with the banks and the card schemes to

implement immediate measures to block the potential exposure of the card


“Should fraudulent transactions be perpetrated on any of these

cards as a result of the data compromise, cardholders would not be exposed to

any losses – as is the case under normal circumstances,” he said.


Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Inside News24


As the day warms up so does your enthusiasm and motivation towards a cause. You want to be socially significant in some way more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.