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Category: Financial Sector

No, the unnamed processor breach is not another Heartland breach

Posted on February 25, 2009 by Dissent

Despite what some people might have suggested, Heartland Payment Systems has flatly denied that it is in any way responsible for the newest reports of another payment processor breach. In response to a blog entry on The Consumerist, Nancy Gross, Heartland’s Executive Director of Marketing, replied: We, too, have heard of a new breach. But,…

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When banks get religion

Posted on February 24, 2009 by Dissent
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Heartland Payment System reports 4th Quarter Gains

Posted on February 24, 2009 by Dissent

Of course, the fourth quarter ended before they announced that they had been breached. They had this to say about the breach in their press release today (via Marketwatch): Clearly our biggest challenge in 2009 will arise from the system breach we suffered. There are two main components to the challenge we face: addressing claims…

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CA: Client data from mortgage broker found in trash

Posted on February 23, 2009 by Dissent

Jeff Overly reports: Folders with personal information for numerous clients of a local mortgage broker sat for days at a public recycling site, overflowing from the tops of several bins in an apparently glaring identity theft risk. The files contained bank account statements, completed tax forms, credit reports and Social Security numbers, among other information,…

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Just weeks after Heartland breach, another payment processor said to be hit

Posted on February 23, 2009 by Dissent

Jai Vijayan of Computerworld has gotten more info on the as-yet-unnamed processor breach. In addition to getting confirmation from Visa and MasterCard that the breach occurred and that the window was February 2008 to January 2009, Jai also found a more recent advisory from the Alabama Credit Union: ACU initially posted the alert on Feb….

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Banks starting to report breach at unnamed processor

Posted on February 22, 2009 by Dissent

In an earlier post, I questioned whether banks were just sitting on the breach at the as-yet-unnamed processor. According to a spokesperson from the New York State Consumer Protection Board: While some banks have reported this breach, the CPB awaits formal notification pursuant to New York State law. Until such time as we can review…

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