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Security Australia Privacy IT

8000 Credit Cards' Details Compromised In Australian Bank Breach 54

mask.of.sanity writes "Australia's largest bank, the Commonwealth Bank, has cancelled 8,000 credit cards after it detected a data breach at a merchant. Mastercard and Visa may issue penalties including fines to the acquiring bank under the payment industry's PCI-DSS compliance rules. News of breaches is uncommon in Australia because the nation does not have data breach disclosure laws."
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8000 Credit Cards' Details Compromised In Australian Bank Breach

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  • Re:NAB has them too (Score:4, Interesting)

    by BarryHaworth ( 536145 ) on Saturday May 28, 2011 @04:40AM (#36271776) Homepage
    This must be why I couldn't use an ATM last Thursday.

    I'm with the CBA, and twice in the last few years I've had my card cancelled and reissued. The first time it was because of a data breach like this one - a card skimmer had been used on one of the ATMs in my area and all people who had used ATMs in the vicinity had cards cancelled & reissued. The more recent time it was just me - someone had skimmed my card and used it to make a purchase in London.

    Both times the bank was very efficient, and while there was the inconvenience of waiting for a new card and, in the second instance, waiting for the stolen money to be recovered there was otherwise no problem.

If all else fails, lower your standards.

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