Visa Cites New Data Breach

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SAN FRANCISCO - (06/22/06) – Visa USA confirmed a new ATMsecurity breach Tuesday that may have compromised customer accountsat dozens of credit unions and banks. The latest breach apparentlydates back to February when Visa began notifying card issuers of asecurity problem affecting a U.S.-based contractor that processedATM transactions.Visa publicly acknowledged the latest breach inresponse to media inquiries about Wachovia Bank’s latestrecall of thousands of debit cards. Visa said it is working withits member banks credit unions and authorities "to do whatever isnecessary to protect cardholders." Under Visa's policy, consumersaren't held liable for any unauthorized purchases made with theircards.

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