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April 3, 2012
(Reuters) – National reports indicate that MasterCard, Inc, VISA, Inc and Discover Financial Services have been victims of a potential security breach, the latest in a string of incidents that have put the personal information of millions of credit cardholders at risk.
The companies -- the first, second and fourth largest global credit card processors, respectively -- said the issue stemmed from a third-party vendor and not their own internal systems.
It is unclear just how large of a breach this is and how many customers might be affected. MasterCard and VISA have notified banks about the security breach. Discover said it is monitoring accounts for suspicious activity and will reissue cards "as appropriate."
In effort to ensure the security of Texas Bank and Trust customers’ VISA card information, we are closely monitoring all VISA (credit and debit) account activity through our bank. As a VISA cardholder, we ask that as a precaution, you also MONITOR YOUR ACCOUNT ACTIVITY DAILY through TB&T online banking and/or your online VISA account. Please notify us immediately if you discover suspicious activity through your VISA debit or credit card. Please contact our Bank Card Risk Group at (903) 237-1823 or 237-5681 for assistance.
Please be assured your personal account information with TB&T has not been compromised in any way. The breach occurred through a third-party processor’s system for credit and debit payments. Texas Bank and Trust is working closely with VISA to ensure and maintain ongoing security of our customers’ card information.