Amex: Little Impact From Target Breach

By  |  January 17, 2014
 | 

American Express says its customers experienced little adverse effects from the Target breach that affected more than 100 million cardholders from a variety of card brands.

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    However, Amex decided to put in place fraud controls following the breach to protect potentially affected customers, Reuters reported on Jan. 16.

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    The company did not indicate when the controls were activated or how long they will be in place. Federal investigators are still reporting tranches of credit card numbers being sold on digital black markets.

    Investigators also acknowledged the complexity and sophistication of the Target malware. Learn more about this disclosure by clicking here.

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.


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