The Heartland Payment Systems and Network Solutions data breaches have thrust the Payment Card Industry Data Security Standard (PCI DSS) into the spotlight, raising the question: Does PCI compliance help in the fight against fraud?
David Taylor, founder of PCI Knowledge Base, recently administered new research on...
The announcement by federal prosecutors that three hackers have been indicted for the Heartland Payments System breach comes a week before the payments processor faces a judge in federal court over two class actions suits.
In response to the indictments, information security experts say this activity might...
The Department of Justice and federal prosecutors on Monday indicted a Miami, FL man in connection with the biggest credit card data breach on record -- the theft of 130 million card numbers from Heartland Payment Systems, along with two other recent high-profile hacks, Hannaford Brothers and the 7-Eleven data...
The recent data breach at Internet domain administrator and host Network Solutions compromised more than 573,000 credit and debit cardholders and begs the question: What more can be done to secure such systems? The incident also raises new questions about the Payment Card Industry Data Security Standard (PCI).
Heartland Payment Systems Inc. (HPY), the nation's sixth-largest payment processor, reports a loss for the second quarter because of a $19.4 million charge to settle claims and legal fees related to the security breach revealed earlier in January
A data breach at Internet domain administrator and host Network Solutions has compromised personal and financial data for more than 573,000 credit and debit cardholders. To add more pain to the breach, Network Solutions says it was PCI compliant at the time of the breach.
Advice for those banking institutions still weighing whether to get into the mobile game: Do it. Now.
There are new customers and deposits to gain via mobile, say industry observers. And an added bonus: Mobile customers can prove more profitable than traditional bank customers. These are just two of the trends...
How strongly do consumers embrace electronic bill payments, and do they really want mobile banking as much as industry analysts say they do?
These were the questions on Dennis Simmons' mind when his trade organization, SWACHA, the electronics payments resource, launched a recent survey on consumer usage of...
In the first step of its move toward end-to-end encryption, Heartland Payment Systems (HPY) last week completed the first phase of its pilot project.
Heartland, the sixth biggest payments processor, earlier this year announced that it was hit with a data breach, wherein credit card numbers and debit card...
How strongly do consumers embrace electronic bill payments, and do they really want mobile banking as much as industry analysts say they do?
These were the questions on Dennis Simmons' mind when his trade organization, SWACHA, the electronics payments resource, launched a recent survey on consumer usage of...
Texas attorney Richard Coffman was the first to file a class action suit against Heartland Payment Systems (HPY) after its data breach was announced publicly this past January.
In an exclusive interview, Coffman discusses:
The status of legal actions against Heartland;
What's unique about the Heartland...
A Tampa, FL-based credit union has notified 56,000 members that their Visa check cards were exposed to fraud as a result of the Heartland Payment Systems (HPY) data breach announced back in January.
Suncoast Schools Federal Credit Union discovered only at the end of May that some of its customers could be in danger...
Texas attorney Richard Coffman was the first to file a class action suit against Heartland Payment Systems (HPY) after its data breach was announced publicly this past January.
In an exclusive interview, Coffman discusses:
The status of legal actions against Heartland;
What's unique about the Heartland case;...
The Judicial Panel on Multidistrict Litigation in Louisville, KY on Wednesday issued its decision to consolidate the class action suits brought against Heartland Payment Systems (HPY).
The lawsuits will be heard in the Southern District Court of Texas in Houston by Judge Lee H. Rosenthal. The decision notes that...
While it's hard to get a handle on just how many consumers were affected by the Heartland Payment Systems (HPY) data breach, the total number of institutions now reporting card compromises is at 656.
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