CardSystems Solutions data breach problems

July, 2005 –Visa and American Express announced they are cutting ties to CardSystems Solutions due to their ongoing security issues. After one of the largest consumer data breaches ever, CardSystems Solutions Inc. “has not corrected, and cannot at this point correct, the failure to provide proper data security for Visa accounts,” said Rosetta Jones, a spokeswoman for Foster City, Calif.-based Visa.