ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Massive data breach exposes credit card details of 1.7 million users — here’s what you should do

The cyberattack on payment gateway provider Slim CD lasted for over a year.
UPDATED SEP 12, 2024
Photo Credit: Getty Images - Kosamtu
Photo Credit: Getty Images - Kosamtu

Credit card data of nearly 1.7 million US and Canadian citizens was potentially stolen in a massive breach. Florida-based payment gateway provider Slim CD recently notified its customers about a year-long cyberattack. As per the official notification, hackers had access to the credit card information of Slim CB clients from August 2023 till June 2024, and the breach was only detected in September this year, Bleeping Computer reported. 



 

Slim CD provides software systems to merchants to facilitate electronic payment both online and in-person, across a variety of hardware. In June, the company first discovered that hackers had gained unauthorized access to its systems.

Representative image | Freepik | Image by jcomp
Representative image | Freepik | Image by jcomp

Upon conducting an internal investigation, the company found that the infiltrators first breached the security systems all the way back on August 17, 2023. However, the company clarified that the hackers could only view or steal the credit card data of its clients for two days that is from June 14 to June 15, when it discovered the breach.  

According to Bleeping Computer, data of 1.7 million people was compromised. As per the official notification, the types of data that may have been accessed include:

Full name of users

Physical address

Credit card numbers

Payment card expiration dates

However, the company argued that the stolen data wasn't enough for hackers to commit fraud as the card verification numbers or CVVs weren't stolen. Without the CVV information, hackers can't make any transactions on the credit cards. Despite this, there is still some risk of cardholders falling prey to identity theft and other fraud. 

Slim CD stated that it has taken measures to strengthen its security to prevent breaches s in the future. The company said it had also notified federal law enforcement regarding the event.

Representative image | Freepik
Representative image | Freepik

Apart from conducting a review of its existing policies and procedures for data protection, Slim CD is providing impacted individuals with guidance on how to better protect against identity theft and fraud. 

Users are thus advised to:

Immediately change passwords or usernames (if possible) of their online banking accounts. 

Place a fraud alert on their credit card. Users can contact any of the three national credit bureaus, Equifax, Experian, or TransUnion, and request to place a fraud alert on their card.  

Initiate a credit freeze which will prevent credit, loans, and services from being approved in a consumer’s name without their consent. This can also be done by contacting any of the credit bureaus via phone or email. 

Review credit reports and statements regularly. Users can visit AnnualCreditReport.com. to order a report or reach out to any of the credit bureaus. 

Tom's Guide further suggests that users can dump their cards and get a new credit card issued from the bank to bolster security. 

In case users suspect that their identity has been stolen or any fraud has occurred, they should immediately notify their bank and report to the Federal Trade Commission. 



 

Normally when such large-scale data breach occurs, companies provide free-of-cost identity theft protection. However, in this case, Slim CD is not providing any such remedy. Thus, users are on their own to protect themselves.

MORE ON MARKET REALIST
The guest had no idea about the item being a Tiffany product and being embedded with a rare gem.
16 hours ago
The host was baffled by the goof up that the contestant made between two words.
17 hours ago
Carey showed that he has got the weapon of sarcasm, and he isn't afraid to use it.
18 hours ago
Whatever the host was expecting, it was far away from what the contestant said on national TV.
19 hours ago
The guest was surprised to learn more about the item he had actually found on the street for free.
21 hours ago
After going through everything on the board, the player left Harvey in hysterics with his answer.
1 day ago
As it so turned out, the weird-looking floor lamp was a piece from a very famous studio.
1 day ago
Most contestants were consistently getting the answers wrong, and Harvey was worried about what was next.
2 days ago
Some claimed that they got the puzzle despite English being their second language.
2 days ago
The letter was written to a columnist in response to a piece taking a swipe at Sinatra.
2 days ago
In a special episode of Celebrity Family Feud, a WWE star decided to go for the one thing Harvey is known for.
2 days ago
Luck was shining for her as she was off to a flying start and won the car with a single card.
2 days ago
Sajak had a witty reply for the contestant who was fanboying over White during the game.
5 days ago
The model said that considering White's age she would also take the offer from Sony.
5 days ago
Sheila won a brand new entertainment unit, complete with an HD plasma TV and mini bar from Howard Miller.
6 days ago
The appraiser disclosed that Yoakum began painting in the 1960s and he created one unique piece of art every single day.
6 days ago
The entrepreneur also managed to get the sharks to taste the vegan alternative meant for pets.
6 days ago
Throughout the game Monica tried to calm her nerves by placing her right hand over her chest.
7 days ago
Harvey later realized that the contestant had a crush on him and they had a moment.
7 days ago
The host had warned the men in advance to not risk their marriage for some points.
Mar 24, 2025