American Express Card Data Exposed
In recent progress, American Express Bank Holding, and Financial Services company have issued a notification regarding data breaches by its valuable users that affected their credit card information.
Although the violation did not include the American Express System directly, it happened through a third-party service provider, which is commonly used through the company’s travel services division.
Breach Details and Impact
The violation has risked sensitive credit card information including American Express card account number, name, and expiration dates. Possibly affected users are advised to remain square and monitor their accounts for any symbol of fraud activities in the next 12 to 24 months. American Express emphasizes the importance of enabling notifications from its mobile app to track the activity of the account.
Response and Accountability
In response to the violation, the CEO of Eureka Security and co-founder Liat Hayun highlighted the important need for organizations to keep their service providers accountable for data security. Past violations highlight the importance of strong access control, as access to unauthorized systems is often the main reason for such events.
Recent Similar Incidents
The violation in American Express follows closely a similar incident in the Bank of America, where third-party provider, Infosys McCamish Systems (IMS) was violated in a range attack.
The Bank of America infringement affected at least 57,028 users and included the potential compromise of sensitive personal information such as name, social security numbers, addresses, and date of birth.
Recommendations for Customers
American Express has provided actionable tips in their notification letters to customers, aiming to assist them in protecting their information. Furthermore, the company assures affected users that they will not be responsible for any fraud charges on their accounts.
Recent data breaches to American Express users identify the ongoing challenges facing organizations in the safety of sensitive customer data affecting users. As cyber risk evolution continues, it is important for businesses to prefer strong security measures and to hold their service providers to maintain the highest quality of data protection.
By implementing tracking, implementing recommended security measures, and promoting respondents in the entire environmental system, organizations may work to reduce risks from such violations and ensure customer’s data and privacy protection.
FAQs for American Express Card Data Exposed
What happened in the violation of American Express Data?
The violation includes a third-party service provider used frequently by the American Express Travel Services Division, resulting in credit card information such as account number, name, and expiration dates.
Who is affected by the violation of American Express Data?
Users of the American Express Card may potentially be infected by the breach. Those who received information from the company should take immediate action to protect their information.
What steps should affected users take?
The affected users are advised to monitor their accounts for fraud activities over the next 12 to 24 months. Furthermore, it is recommended to enable notifications from the American Express Mobile App to stay updated on account activity.
What measures is American Express taking to address the breach?
American Express has provided tips in its notification letters to users to protect their information. The company assures affected users that they will not be responsible for any fraud charges on their accounts.