Experts Say Credit Card Hack May Reoccur

April 4, 2012  |  

Distrust of financial institutions continues to spread. J.P. Morgan Chase & Co.* admitted Tuesday to accidently charging customers in several states including New York and Connecticut twice for their debit card charges.  It’s just the most recent financial snafu.

Last week’s data security breach had card holders up in arms. Global Payments, Inc., the company responsible for last Friday’s breach of 1.5 million bank card numbers, claims the “incident is contained.” However, security experts say other transactions may have been compromised.

Read the rest at BlackEnterprise.com

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