Heartland Payment Systems on Tuesday (Aug. 4) said it spent $32 million this year paying for costs related to the major data breach it disclosed in January, including $22.1 million to cover fines from key payment card brands and a settlement offer. Heartland did not say how the $22.1 million was split between the fines…
Category: Financial Sector
Mortgage records found in KS dumpster
Over the weekend, client records from a defunct Wichita mortgage-brokerage firm wound up in the Dumpster outside the Holiday Inn at Kellogg and Rock Road. The owner of the mortgage business said it was an accident and apologized, vowing to make sure the records are properly shredded. […] The records found at the Holiday Inn…
‘Secret’ Swedish police data sold by criminals
Supposedly secret police lists containing details about Sweden’s most dangerous criminals are up for sale across the country among members of the Swedish underworld. The documents have apparently been leaked from the Stockholm police’s Criminal Investigation Department. The lists, known as the Alcatraz List and Nova List, contain a wide-range of information about Sweden’s toughest…
Credit card blunder not the first transaction error
A Carterton resident caught in a BNZ [Bank of New Zealand] privacy breach says his scrupulous home audits have uncovered similar transaction errors and saved him thousands. The man, who declined to be named, triggered a BNZ blunder after a check of their credit card statement in January revealed a $20 transaction source out of…
Credit industry slow to protect customers from CreditMaster scam
Recent cases in which people have been charged with online fraud for allegedly making purchases with illegally obtained credit card numbers have shed light on the lack of effective measures taken to frustrate the CreditMaster scam used in these incidents, even though the credit card industry was already aware of its existence. The industry is…
First National Bank closes debit accounts
Another delayed effect of the Heartland breach…. More than two thousand debit card customers of First National Bank of Howell have had their accounts closed down after learning of a security breach. Bank officials tell WHMI that after learning of an information breach at Heartland Payment Systems, a national credit and debit card processing company,…