Evan Schuman reports: Details surrounding the Heartland data breach continue to dribble out, with one respected payment systems newsletter reporting that the forensic investigators Heartland brought in were Cybertrust and Neohapsis. Heartland had tried keeping those names confidential, an effort that was succeeding prior to the Wednesday, Feb. 4 issue of The Nilson Report. That…
Category: Financial Sector
Quick Poll: Many Smaller Banks Hit By Heartland Breach
Brian Krebs reports: In another sign that the recently disclosed data breach at credit card processing giant Heartland Payment Systems may indeed be one for the record books, a quick survey of community banks indicates that a majority of institutions have been notified that at least some of their debit or credit cards were compromised…
Susquehanna Upgrades Heartland Payment Systems (HPY) to Neutral
Susquehanna analyst says, “We are upgrading HPY to Neutral from Negative, as it has achieved our price objective. Although considerable risk persists related to the credit/debit card data breach disclosed last month, we believe such penalties are contemplated in the current valuation. We consulted a range of experts, including reformed hackers, data security auditors (PCI…
Ca: Hacked Trent server housed some personal information
Andrea Houston reports: Trent University is sending out alert letters to several donors and alumni after an off-site computer server containing some personal information was recently hacked. Dianne Lister, vice-president of external relations, said a power surge between Dec. 22 and Jan. 7 caused the firewall to fail, which left the server unprotected to hackers,…
NameDrive Breached, Less Than 1% of Accounts Affected
E-mail addresses and passwords for a limited number of NameDrive customers were obtained and posted in a hacker forum this month. The security breach just came to light today. NameDrive has responded by instituting new security measures including password resets: We were alerted of a possible security breach affecting less than 1% of our accounts,…
Former Bank Of America Employee Pleads Guilty to Misappropriating More than $29 Million
In this incident, the defendant was first charged with the crime on January 22nd and pled guilty yesterday. The following is a statement from the United States Attorney’s Office for the Southern District of Florida: R. Alexander Acosta, United States Attorney for the Southern District of Florida, and Michael K. Fithen, Special Agent in Charge,…