Heartland Payment Systems

Lawsuit: Heartland Knew Data Security Standard was ‘Insufficient’

Linda McClasson reports: Months before announcing the Heartland Payment Systems (HPY) data breach, company CEO Robert Carr told industry analysts that the Payment Card Industry Data Security Standard (PCI DSS) was an insufficient protective measure. This is the contention of a new master complaint filed in the class action suit against Heartland, which in...

Commerce Bank replaces cards compromised in Heartland breach

Dan Margolies reports that Commerce Bank in Kansas City is first replacing credit cards after a recent small wave of fraudulent activity was reported. The compromised cards were involved in the Heartland Payment Systems breach disclosed in January 2009. “We are now beginning to reissue some cards that were part of the block of...

Heartland CEO: Credit Card Encryption Needed

Grant Gross of IDG News Service reports that in testimony before the Senate Homeland Security and Governmental Affairs Committee yesterday, Heartland Payment Systems CEO Robert Carr was hit with a question about how the payment processor could have been breached for over one year and yet not detected it: Senators asked Carr some pointed...

Heartland: Judge to Hear Motions to Dismiss Suits

Linda McGlasson of BankInfoSecurity.com updates us on the status of lawsuits against Heartland Payment Systems and Heartland’s motion to dismiss: There are two class action suits — one on the consumer side and the second on behalf of the financial institutions affected by the massive breach. Earlier in June, a Multidistrict Litigation (MDL) panel...

Gonzalez pleads guilty, sentenced to 15-25 years

The Associated Press has reported that Albert Gonzalez has agreed to plead guilty to conspiracy, wire fraud and aggravated identity theft charges. Under a plea agreement with federal prosecutors filed in Boston on Friday, Albert Gonzalez would serve a sentence of 15 to 25 years after pleading guilty to a 19-count indictment. He would...