Wow, that's a long expiration by all standards...We haven't seen this for years.
Ok, noted it as bug #2957 and already fixed it for upcoming CBSubs release.
Can you process that payment manually using authorize.net's terminal, or did the customer have another credit card?
If you need urgently a fixed creditcards file for latest released CBSubs 1.2.2, please use our contact form below and refer to this thread. You would probably need to extend your maintenance period first (
How to upgrade CBSubs maintenance periods
).