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Attacks/Breaches

10/3/2019
02:35 PM
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American Express Insider Breaches Cardholder Information

The ex-employee accessed names, Social Security numbers, card numbers, and more in an attempt to commit fraud.

Data breaches don't always involve cracked passwords and criminal outsiders. American Express is proving this with its notice to certain cardholders that an employee accessed personal information in an attempt to commit fraud.

According to the company, this employee was able to look at information including full name, physical and/or billing address, Social Security number, birth date, and credit card number.

American Express says that the individual, who is no longer employed by the company, is now under criminal investigation. In the notice sent to affected cardholders, American Express offered two years of free credit monitoring through Experian Identity Works.

For more, read here.

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tdsan
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tdsan,
User Rank: Ninja
10/7/2019 | 1:50:12 PM
I couldn't have said it better
There needs to be more fines imposed, at the end of the day, user's data has been compromised. So that tells me that they have not taken the precautions to prevent breaches from internal or external actors.

This continues to happen to the only fine they get is a slap on the wrist and credit services. I am with the first respondent, where is the accountability. GDPR is in place for UK organizations, why is it not in place for the US. I think FTC is trying to take up the mantle but it is a slow process.

T

 
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