Interview With Dick Langford, VP, BB&T
What happens after a major security breach such as the Heartland Payment Systems hack? How do banking institutions go about notifying their customers - whose responsibility is it?
At BB&T in Winston-Salem, NC, the role is filled by Dick Langford, Vice President and Manager,...
The Heartland Payment Systems data breach is on everyone's mind, and the case is in the hands now of the Federal Trade Commission (FTC) if it chooses to investigate. While the FTC will neither confirm nor deny a Heartland investigation, staff attorney Alain Sheer does offer his insight on:
How the FTC investigates...
Times are tough, and we all continue to hear about the heightened risk of the insider threat. Granted, unauthorized insider access to data has always been a concern. But the concern is increased now because of the tremendous changes that we are seeing in the economy.
Information security companies reacted quickly to the news of the Heartland Payment Systems (HPY) breach. Here is a roundup of thoughts on the breach, recommendations on how to handle personal sensitive data, and what industry thought-leaders see emerging as a result of this breach:
Two Philadelphia law firms have filed class action suits on behalf of all cardholders in the U.S. who had their credit or debit card data stolen in the Heartland Payment System (HPY) data breach. This brings to three the total number of class action lawsuits filed against the Princeton, NJ-based payments processor.
The economy is down, phishing is up, and banking customers are increasingly targeted by multi-channel fraud schemes. Now, more than ever, customer awareness efforts are key for banking/security professionals.
The list of financial institutions impacted by the Heartland Payment Systems (HPY) breach now tops 220. In related news, three men in Florida were arrested earlier this week on multiple charges of credit card fraud, and some of the card numbers they allegedly used are tied to the Heartland hack.
Since the Heartland Payment Systems (HPY) data breach became "The Story," I've been trying to keep my distance from a blogging perspective, as it's being covered quite nicely elsewhere. Besides, I'm the regulatory compliance man in the field, and while this story certainly touches on related issues, it's off to the...
The numbers are staggering as we try to get a handle on exactly how many institutions, cards and customers have been affected by the Heartland breach.
One single institution's report of the number of cards compromised by the Heartland Payment Systems (HPY) data breach - 10,000.
By the latest count, the number of institutions that have informed their card customers and members that they were hit as a result of the Heartland Payment Systems (HPY) data breach has swelled to more than 678.
Heartland, the sixth-largest payments processor in the U.S., announced on Jan. 20 that its processing...
Last week a small credit union in Maine thought it had seen the last of the Heartland Payment Systems data breach that had affected 261 of its members' credit cards. Officials now report they weren't as lucky as they thought. The number of compromised cards now has tripled, and the fraud reported may top $70,000.
Scores of banking institutions have stepped forward and said they and their customers have been impacted by the Heartland Payment Systems data breach. But what can and should they do to understand and respond to the breach?
In an exclusive interview, Doug Johnson of the American Bankers Association...
The fallout is still coming from the Heartland Payment Systems (HPY) data breach, and banks and credit unions are still dealing with the aftermath. At today's count there are more than 124 banks and credit unions affected by the breach, the number of cards affected topping 250,000.
The big question is: If your...
Identity theft rose by nearly 25 percent last year in the United States, according to a new report released today. The 2009 Identity Fraud Survey Report by Javelin Strategy & Research shows that the number of identity fraud victims increased 22 percent to 9.9 million people being hit, at a total cost of $48 billion.
The number of identity fraud victims has increased 22 percent in the U.S., costing 9.9 million victims a total of $48 billion in 2008.
This is the news from the fifth annual Identity Fraud Survey Report from Javelin Strategy & Research. In an exclusive interview, James Van Dyke, Javelin founder and President,...