More than 100 million credit cards may have been compromised in data breach

Powered by SC Magazine
 

With potentially over 100 million cards being compromised, a data breach incident in the US could be the largest ever recorded.

With potentially over 100 million cards being compromised, a data breach incident in the US could be the largest ever recorded.

The New Jersey-based Heartland Payment Systems, a provider of credit and debit card processing services, said unknown intruders had broken into its systems sometime last year and planted malicious software to steal card data carried on the company's networks. It claimed to have discovered the intrusion only last week after being alerted by Visa and MasterCard of suspicious activity.

Robert Baldwin Jr., Heartland's president and CFO, said that alerts by the credit card companies triggered an investigation by forensic investigators, and during this the intrusion was discovered.

Baldwin said: “Our discussions with the Secret Service and Department of Justice give us a pretty good indication that this is part of a group that appears to have done security breaches at other financial institutions. This is a very sophisticated attack."

Heartland claimed that no merchant data, cardholder's social security numbers, unencrypted PIN, addresses or telephone numbers were compromised. Once it sorts out the matter, Heartland plans to notify each victim whose data was stolen to comply with data-loss disclosure laws in more than 30 states.

The company refused to comment on how many customers could have been impacted, but as Heartland processes more than 100 million card transactions per month; it could be possible that the number of compromised credit and debit cards is at least that many.

See original article on scmagazineuk.com


Accept Credit Card payments on your website with the eWAY Payment Gateway

Copyright © SC Magazine, US edition


More than 100 million credit cards may have been compromised in data breach
 
 
 
Top Stories
Earning the right to innovate
Breaking down the barriers to innovation is a long, but rewarding process, says Bank of Queensland Group CIO, Julie Bale.
 
A call for timely reporting
[Blog post] Businesses need incentives to keep customer data secure.
 
Doubts cast on Queensland's ICT Dashboard
Opposition, former Govt CIO say it can't be trusted.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
What is delaying adoption of public cloud in your organisation?







   |   View results
Lock-in concerns
  25%
 
Application integration concerns
  3%
 
Security and compliance concerns
  29%
 
Unreliable network infrastructure
  9%
 
Data sovereignty concerns
  23%
 
Lack of stakeholder support
  3%
 
Protecting on-premise IT jobs
  5%
 
Difficulty transitioning CapEx budget into OpEx
  3%
TOTAL VOTES: 821

Vote