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Global Payments, the processor blamed for a Visa and MasterCard data breach last week, is likely to be able to manage its financial hit related to beefing up security.

Last week, Visa and MasterCard warned banks about a data breach. In addition, Global Payments issued a statement confirming the data breach. Global Payments said the company's security systems picked up the threat in March and contacted law enforcements. The company will hold a conference call Monday at 8 a.m. EDT.

It's unclear how many accounts were compromised, but 10 million is the largest reported number thus far. … Read more

Some 50,000 credit and debit cardholders may have their information exposed following a security breach at Global Payments, according to The Wall Street Journal.

The full extent of the breach is still unknown, the Journal reported today, and it's unclear whether fraudulent charges on cardholders have been racked up yet.

Global Payments later released a statement saying the breach didn't involve its merchants or their customers. The company said it had determined early this month that card data may have been accessed, and alerted law enforcement.

"It is reassuring that our security processes detected an intrusion,&… Read more

Since PayPal launched its new payment service "PayPal Here" last week, it has raked in thousands of sign-ups. In fact, in the first 24 hours of its introduction, the online payment company says it was getting 1,000 sign-ups per hour.

"To say there's been some interest in our new offering would be an understatement," PayPal spokesman Anuj Nayar said in a statement today. "Clearly there's a need for a secure, global solution that provides small businesses the flexibility to get paid anytime, anywhere, any way."

The idea of PayPal Here actually … Read more

When the Antisec branch of Anonymous hacked into security think tank Strategic Forecasting, or Stratfor, at the end of December, one of its claims was the theft 200GB worth of data, including e-mails and clients' credit card information.

Days after the hack, the group published 860,000 e-mail addresses and 75,000 unencrypted credit card numbers on the Web.

Now, the FBI's Milan Patel says that between December 6, 2011, and February 2012, "at least $700,000 worth of unauthorized charges were made to credit card accounts that were among those stolen during the Stratfor Hack," according … Read more

Google has sold off its stake in Clearwire to Credit Suisse, according to a new report.

Citing an unidentified source, Bloomberg is reporting that Google sold 29.4 million Clearwire shares to Credit Suisse for $2.26 each. Bloomberg says Google announced that it had sold the shares in an SEC filing, but did not say which company had acquired them.

Google announced plans to sell its Clearwire stake last month. Google initially said that it would sell its shares for $1.60 apiece, but it was able to unload them at around the company's current stock price, which … Read more

Aunt Jill won't be here for our 1000th episode this Friday because she only works out of the CNET office on Wednesdays, so we're popping bottles prematurely because hey, it's the 90s.

Along with a light wine tasting, Jill also gives a quick duster on the state of the Greek debt crisis and the Dow cracking 13000 after almost four years. In return, we'll tell Jill about the wonders of Instagram and Kim Dotcom's release from the New Zealand prison system.… Read more

Google has put the brakes on the use of its prepaid cards for Google Wallet after two hacks were discovered that could steal money from a user's account.

Osama Bedier, vice president for Google Wallet and Payments, wrote in a blog on Saturday that the company is taking this action temporarily until it can make a more long-term correction.

"To address an issue that could have allowed unauthorized use of an existing prepaid card balance if someone recovered a lost phone without a screen lock, tonight we temporarily disabled provisioning of prepaid cards," Bedier explained. "We … Read more

Mint is the iOS mobile companion to Mint.com, the popular financial services site that helps you track all of your accounts and budgets.

You have to set up an account with Mint.com to use the app (which involves giving Mint.com access to your bank, credit card, and investment accounts), then you can monitor your accounts, budget, and cash flow from the site or the app. The passcode-protected app presents your finances in summary form, with the capability to drill down to the item level of a purchase. Follow the trail to the end to edit an item'… Read more

Lucky Supermarkets, a chain in California, has been hit hard with a credit card scam.

The company announced the scam in November, saying customers and employees who used the self-checkout kiosks in more than 20 of its 234 stores might have fallen victim to tampered credit card readers. The hackers reportedly used devices called "sniffers" that recorded credit card numbers.

Soon after the information was made public, Lucky Supermarkets, as well as its parent company, Save Mart Supermarkets, said it was unsure how many people might have been affected but urged customers to monitor their accounts.

"We … Read more