[Dataloss] Sports Authority hit (stored stripe data)

[Chris Walsh]

>From American Banker:

Sports Authority Inc. confirmed this week that it recently launched an investigation into its information system after four international banks alerted it to a potential intrusion into its network in December.

With help from the Secret Service and Cybertrust Inc., the sporting goods company determined that there had been no unauthorized access into its system, but that it was violating Payment Card Industry standards by storing magnetic-stripe information.

Chas Withers, a spokesman for Sports Authority, said it was surprised by the discovery, because a Visa U.S.A.-approved assessor had told the company it was not storing such information.

More at http://www.americanbanker.com/datasecurityscan.html (paywall)