Authorize.Net [SEP] inception
Authorize.Net
Authorize.Net is a United States-based payment gateway service provider allowing merchants to accept credit card and electronic check payments through their website and over an Internet Protocol (IP) connection. Founded in 1996, Authorize.Net is now a subsidiary of Visa Inc. Its service permits customers to enter credit card and shipping information directly onto a web page, in contrast to some alternatives that require the customer to sign up for a payment service before performing a transaction.
History.
Authorize.Net was
(DDoS) attack. The DDoS attack lasted for over one week and caused a virtual shut down of the payment gateway's service. The attackers demanded money from Authorize.net in exchange for stopping the attack.
On July 2, 2009, 11pm, the entire web infrastructure for Authorize.Net (main website, merchant gateway website, etc.) went offline and stayed down all morning July 3, 2009. None of the over 200,000 merchants who use Authorize.Net payment gateway were able to process credit cards.