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Category: Financial Sector

Heartland breach continues to make headlines

Posted on February 3, 2009 by Dissent

A smattering: Heartland Data Breach: 21 New Institutions Linked Credit union reports breach to cardholders More banks say clients fell into `security hole’ (Canadian fallout)

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NC: Some CFCC students’ credit cards have been exposed

Posted on January 31, 2009 by Dissent

Another payment processor reported a breach this week…. People who paid Cape Fear Community College with a credit or debit card might have had their card numbers exposed, said Camellia Rice, vice president of business services at CFCC. The payment company which processes debit and credit card payments for CFCC announced Wednesday that its system…

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Online Credit Card Processor: ‘No Security Breach’

Posted on January 31, 2009 by Dissent

The FBI continues to investigate an international fraud scheme that has affected hundreds of small business accounts. Sellers of products such as Mary Kay cosmetics say thieves wrote checks on their accounts, ranging from $24.95 to $39.99. “I was informed that the $39.95 charge was for a subscription to an adult Web site,” said Julia…

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Ameriprise notifies customers of online breach

Posted on January 31, 2009 by Dissent

Ameriprise Advisor Services, Inc. (formerly H&R Block Financial Advisors) notified the Maryland Attorney General’s Office on December 24 of a breach involving a third-party vendor. According to the notification (pdf), AASI uses a third-party vendor to provide clients with online access to their accounts (usernames and passwords). The unnamed vendor notified them on December 17…

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Canadian Tire cancels 16,000 Mastercards after Heartland breach results in hundreds of cards being misused

Posted on January 29, 2009 by Dissent

Canadian Tire (TSX:CTC) says it has cancelled and is re-issuing 16,000 Mastercard credit cards issued by its financial services arm over security concerns. Spokeswoman Lisa Gibson says the cards were deemed to be at risk after a widespread security breach disclosed last week by Heartland Payment Systems (NYSE:HPY), a U.S. credit card transaction processor. Gibson…

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Ca: Debit scam victims now in the ‘hundreds’

Posted on January 29, 2009 by Dissent

This incident keeps growing and growing….. Joe Belanger reports: Police now confirm there are “hundreds” of victims in a debit card scam in Stratford. Although police said every financial institution was hit, they’ve confirmed there were more than 350 victims at just two banks. “We’re just starting to extrapolate the data, but it’s obviously in…

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