Recently, it was revealed that Slim CD, a payment gateway provider, experienced a data breach affecting nearly 1.7 million credit card accounts from August 17th, 2023, to June 15th, 2024.
Here’s a breakdown of the situation and the key takeaways that you can use to safeguard your own business.
On June 15th, Slim CD detected unusual activity on its network and immediately launched an investigation with a third-party security firm. The findings showed that unauthorized access to their systems began as early as August 17th, 2023, continuing until June 15th, 2024. During this time, the intruders had access to sensitive customer data, including names, addresses, credit card numbers, and expiration dates.
Slim CD has since fulfilled its legal obligations by notifying federal and regulatory authorities and reaching out to those affected by the breach.
If Slim CD has contacted you regarding the breach, or if you suspect you might be affected, here are steps you can take to minimize the risk of fraud or identity theft:
It’s not just payment processors that need to prioritize security—every business should take data protection seriously. Here are a few strategies to reduce the risk of a breach.
At KB Technologies Managed IT, we go beyond providing comprehensive IT services to businesses in Florida. We work proactively to minimize your cybersecurity risks and protect your data. Call us today at (954) 834-2800 to learn more about how we can help safeguard your business.
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