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Category: Financial Sector

Two credit unions report debit card misuse linked to Heartland breach

Posted on January 21, 2009 by Dissent

Yesterday, we reported that Piedmont Credit Union in North Carolina had reported that 15 of its members were reporting fraudulent use of their Visa-issued debit cards, mostly at gas stations in Florida. We also reported that Oregon Territory Federal Credit Union members were reporting misuse of their debit cards. At the time of the initial…

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Maine banks checking for impact from data theft (Heartland Payment Systems follow-up)

Posted on January 21, 2009 by Dissent

Tux Turkel reports: Maine banks and credit unions were scrambling this morning to assess the scope of a nationwide data breach involving credit and debit cards. […] It was not immediately clear whether Maine customers had been victims of fraud related to the Heartland breach, but some banks were making plans to reissue cards, just…

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PCI’s Shield Suffers Another Blow As Heartland Reports a Hack

Posted on January 20, 2009 by Dissent

More on the Heartland Payment Systems breach reported earlier today…. from Digital Transactions: […] Princeton, N.J.-based Heartland is one of the nation’s largest acquirers, processing for about 250,000 merchant locations. It has a number of business units, including its so-called Network Services segment serving mostly petroleum retailers that Heartland bought last year from Alliance Data…

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NC: Piedmont Credit Union members report fraud

Posted on January 20, 2009 by Dissent

Yet another payment processor? Is this related to other incidents reported this past week or something else? Who knows…. they don’t tell us. Denice Thibodeau reports: About 15 members of Piedmont Credit Union reported fraudulent purchases on their Visa-issued debit cards Tuesday, according to credit union president Tom Shields. Shields said people reported money missing…

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Heartland Payment Systems Uncovers Malicious Software In Its Processing System (updated)

Posted on January 20, 2009 by Dissent

From their press release: Payments processor Heartland Payment Systems has learned it was the victim of a security breach within its processing system in 2008. Heartland believes the intrusion is contained. […] No merchant data or cardholder Social Security numbers, unencrypted personal identification numbers (PIN), addresses or telephone numbers were involved in the breach. Nor…

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MT: Woman gets prison for bank fraud

Posted on January 18, 2009 by Dissent

Slightly o/t, but once again we see employees falling for it… Clair Johnson of the Billings Gazette reports on a ring that defrauded banks in Montana, Wyoming, Oregon, Minnesota, Indiana and Kentucky: In the scheme, Isaacs would present a bank with a credit or debit card for a cash advance of less than $10,000. When…

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