The American credit card company revealed it suffered a data breach from a merchant processor yesterday (04/03/2024)
The story was reported by the technology news website, BleepingComputer.
You can read the full story here
How was it reported
According to BleepingComputer, a data breach notification was filed “with the state of Massachusetts under “American Express Travel Related Services Company,” the company warned customers their credit cards may have been stolen.”
The data breach notification warned that card members’ account details “may have been involved”, BleepingComputer claims.
The breach has led to account numbers, names and card expiration data being accessed by hackers.
American Express is unclear on how many customers have been affected after the merchant processor breach.
What was American Express’s response?
BleepingComputer got in touch with American Express for an update. The credit card company refused to comment as it does not disclose details of “their business relationships and merchant partners and had no further information to share at this time.” However, American Express did comment about reporting the incident and updating the customer.
American Express provided a statement via BleepingComputer: “When we learn about a data security incident that impacts our customers, we promptly begin an investigation and notify the appropriate regulatory authorities, as required,” American Express told BleepingComputer.
“We also work to identify impacted customers and understand the specific impacts, and then notify them as required by applicable laws and regulations.”
American Express has advised customers to review their account statement over the next 12 to 24 months and report any suspicious behaviour.
In an era where financial fraud is on the rise, UK businesses are increasingly finding themselves targeted by cybercriminals deploying sophisticated scams. The financial
The UK government is ramping up efforts to strengthen national cyber defences with the introduction of the Cyber Security and Resilience Bill. This legislation
In the ever-evolving world of cybersecurity, AI is no longer just a tool for defense—it’s now being weaponised by cybercriminals to launch more sophisticated
The rapid pace of digital transformation has made it increasingly challenging for small and medium-sized businesses (SMBs) to keep up with evolving technology needs.
4th Platform is proud to support LegalAI in transforming the legal industry with cutting-edge AI solutions. One of LegalAI’s latest successes is its partnership
The UK’s IT industry is experiencing an unprecedented skills gap, with businesses struggling to find qualified professionals to fill critical roles. As technology continues
Data Privacy Day is more than just a date on the calendar—it’s a global reminder of the critical importance of safeguarding data in today’s
What a year for technology 2024 has been! As we step into 2025, the pace of innovation shows no signs of slowing down. From
In the rapidly evolving digital landscape, data protection remains a critical focus for businesses operating in the UK. Post-Brexit, the UK’s data protection framework
In today’s digital landscape, the consequences of non-compliance in IT security are severe and far-reaching. Organisations that fail to meet established security standards not
