Banks: Card Breach at Trump Hotel Properties

  • 1 July 2015
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1st July 2015
 
The Trump Hotel Collection, a string of luxury hotel properties tied to business magnate and now Republican presidential candidate Donald Trump, appears to be the latest victim of a credit card breach, according to data shared by several U.S.-based banks.
 
http://krebsonsecurity.com/wp-content/uploads/2015/07/trumpchicago.pngTrump International Hotel and Tower in Chicago.
 
Contacted regarding reports from sources at several banks who traced a pattern of fraudulent debit and credit card charges to accounts that had all been used at Trump hotels, the company declined multiple requests for comment.
 
But sources in the financial industry say they have little doubt that Trump properties in several U.S. locations — including Chicago, Honolulu, Las Vegas, Los Angeles, Miami, and New York — are dealing with a card breach that appears to extend back to at least February 2015.
 
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5th October 2015
 
The Trump Hotel Collection, a string of luxury hotel properties tied to business magnate and Republican presidential candidate Donald Trump, said last week that a year-long breach of its credit card system may have resulted in the theft of cards used at the hotels. The acknowledgement comes roughly three months after this author first reported that multiple financial institutions suspected the hotels were compromised.
 
http://krebsonsecurity.com/wp-content/uploads/2015/07/trumpchicago.pngTrump International Hotel and Tower in Chicago.
 
In a Web site created to share details about the hack, The Trump Hotel Collection said the breach affects customers who used their credit or debit cards at the hotels between May 19, 2014, and June 2, 2015.
 
“While the independent forensic investigator did not find evidence that information was taken from the Hotel’s systems, it appears that there may have been unauthorized malware access to payment card information as it was inputted into the payment card systems. Payment card data (including payment card account number, card expiration date, and security code) of individuals who used a payment card at the Hotel between May 19, 2014, and June 2, 2015, may have been affected.
 
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Userlevel 7
Trump is to busy to worry about a breach...........he wants to become President. Besides if he does become President I'm sure he will have a solid solution for any future breaches......
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Quote from Krebs: 
 "Many experts I’ve interviewed believe that the huge number of card breaches at U.S.-based organizations over the past year represents a response by fraudsters to changes in the United States designed to make credit and debit cards more difficult and expensive to counterfeit."  
 
Yet nothing is making the US banks etc. accelerate the processs of adopting the newer, safer (although not totally foolproof) systems? 
 
Quote: "While most experts believe it may be years after that deadline before most merchants have switched entirely to chip-based card readers (and many U.S. banks are only now thinking about issuing chip-based cards to customers) cyber thieves no doubt well understand they won’t have this enormously profitable cash cow around much longer, and they’re busy milking it for all it’s worth."  
 
And the malware was active for over a year at Trump Hotels before being discovered??? 
 
A lot of organisations need to step-up their security strategies methinks.

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