A U.S. District Court judge will decide in the next few days whether the Hannaford Bros. data breach class action suit will go to trial.
Judge D. Brock Hornby heard final arguments on April 1 in the U.S. District Court, Portland, ME on the class action suit brought against the supermarket chain that had a data...
In the wake of the Heartland Payment Systems data breach, a new study shows that a majority of U.S. businesses, including financial institutions, are under continued attack via payments fraud.
Economic conditions and the growth of electronic payments have opened up new opportunities for payment fraud, according to...
Despite the Heartland Payment Systems (HPY) data breach and other noted compromises, Visa staunchly supports the Payment Card Industry Data Security Standard (PCI DSS).
This is the message from Adrian Phillips, Visa's Deputy Chief Enterprise Risk Officer, who in an exclusive interview hammers home the credit card...
TJX, Hannaford, Heartland Payment Systems. We know the names of the most infamous data breaches, but what have they really cost financial institutions? And what types of fraud should institutions look out for in the months ahead?
Perimeter eSecurity recently conducted a study of financial institution data breaches....
TJX, Hannaford, Heartland Payment Systems. We know the names of the most infamous data breaches, but what have they really cost financial institutions? And what types of fraud should institutions look out for in the months ahead?
Perimeter eSecurity recently conducted a study of financial institution data breaches....
In the wake of the Heartland Payment Systems (HPY) data breach, credit card company Visa is on the road talking to its network of payment processors about current security threats and the merits of the Payment Card Industry Data Security Standard (PCI DSS).
Heartland Payment Systems (HPY) has been removed from Visa's list of compliant service providers, and banking institutions affected by the Heartland data breach have until May 19 to file their fraud claims with Visa.
This news emerged late last week from a public statement by Visa, as well as from a letter sent by...
The Heartland Payment Systems data breach has brought extra attention to the Payment Card Industry Data Security Standard - PCI DSS. How well embraced is the standard, and what happens to companies if they're found to not be PCI compliant?
In an exclusive interview, Tony Bradley, co-author of the book PCI...
How is it that Heartland doesn't remain front and center in the mainstream media?
I made the mistake of popping open a browser today and loading my preferred news website, and it was sort of like the ultimate one-two punch that hit me with concussive force.
OK, so how many payment processor data breaches are we talking about - one or two? That's been the big question we've been trying to sort out this week. And I'm not sure anyone knows definitively. If they do, they're not telling.
Heartland Payment Systems (HPY) may be the only "new" data breach, after all.
A week after at least two banking institutions and a state banking association reported a new data breach that had been announced to them by Visa, the credit card company now is saying that its recent alerts to card issuers were actually...
Regulatory change is coming - fueled by the ever present news of breaches within the credit card payment networks degrading the faith in today's financial institutions. A new approach is needed to secure, make compliance easier, and enhance the operating efficiency for critical financial datacenters and those...
One month after the Heartland Payment Systems (HPY) data breach was revealed, a Philadelphia law firm filed a class action lawsuit against the processor on behalf of two banks and three credit unions. The complaint was filed by Chimicles & Tikellis in U.S. District Court in Trenton, NJ on February 20.
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...
In addition to the well-publicized Heartland Payment Systems (HPY) data breach, an additional payment processor appears to have been hacked, affecting an unknown number of banking institutions, consumers and cards.
Two banking institutions and a state banking association have reported this new breach to their...
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