HomeCII/OTAmex Customer Data Exposed in Third-Party Breach

Amex Customer Data Exposed in Third-Party Breach

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American Express has recently informed its customers that their credit cards were part of a breach involving a third-party service provider. In a data breach notification submitted to the state of Massachusetts, the financial services company clarified that their internal systems were not compromised in the incident. The breach, instead, originated from a provider commonly utilized by the company’s travel services division. This breach has put at risk sensitive credit card details such as American Express card account numbers, names, and expiration dates. Affected users can anticipate further communication from the company, especially if they possess more than one American Express card that was impacted by the breach.

Customers who may have been affected are advised to carefully monitor their accounts for any suspicious or fraudulent activity over the next 12 to 24 months. Additionally, users are encouraged to enable notifications from the American Express Mobile app to stay informed about their account activity. In light of this breach, Liat Hayun, CEO and co-founder of Eureka Security, emphasized the importance of organizations holding their service providers accountable for data security. This incident serves as a reminder of the necessity of robust access controls, as unauthorized system access likely facilitated the breach.

The reference to the recent Bank of America breach highlights the frequency of such incidents in the financial sector. In the case of Bank of America, a ransomware attack on one of its third-party providers, Infosys McCamish Systems (IMS), impacted a considerable number of customers. While IMS was unable to confirm the exact nature of the compromised information, sensitive data such as Social Security numbers, names, addresses, and dates of birth were likely exposed. This demonstrates the significant repercussions that breaches involving third-party providers can have on customers and organizations alike.

As a response to the breach, American Express has provided guidance in its communication to users on safeguarding their information. The company also reassured customers that they will not be held accountable for any fraudulent charges identified on their accounts. This proactive approach aims to alleviate concerns and restore trust among affected customers.

In conclusion, the breach involving American Express serves as a stark reminder of the persistent cybersecurity threats faced by organizations and their customers. The incident underscores the importance of vigilance, proactive measures, and collaboration in safeguarding sensitive data. By learning from such breaches and implementing robust security practices, companies can better protect their customers and mitigate the impact of future cyber incidents.

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