Oracle hack potentially compromises almost every US credit card
Oracle attackers possibly got unlimited control over credit cards, warns security firm ERPScan
The cyber attack on Oracle that affected more than 700 systems and forced the company to admit that it had to remove “malicious code” from MICROS retail system software, may also have compromised the credit and debit card details of millions of Americans…
…US credit and debit cards are poorly secured, and it is possible that the attackers gained widespread access to card details, they suggest.
Furthermore, MICROS is one of the market leading retail systems vendors and almost every regularly used credit and debit card in the US could have been compromised.
This breach occurred in Oracle micros support portal and perhaps explain why security analyst could not trace or explaing past breaches of other companies.
Security analysts are also looking at whether the Delta Airlines bug was a security breach as well.
As a victim myself, I suggest contacting your bank to acquire new cards just in case. Many financial institutions do not reimburse for fraud on debit transactions. Futhermore, as in the Target breach, miscreants can gain access to you entire banking account draining all your funds in seconds. Credit card companies will cover fraudulent charges. This breach covers hotels, motels, restaurants, fast food places, gas stations etc. Identity theft can be a possibility and will negatively effect your credit.
Best solution is to put a credit freeze on all your credit reports at all the 4 credit reporting agencies. It is easy to do and will prevent identity theft. Credit monitoring will not react fast enought to stop identity theft.
As reported by Brian Krebs former journalist at the Washington Post