This site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.X

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

Share this article:

A data breach in America could be the largest ever recorded.

 

With potentially over 100 million cards being compromised, an incident at Heartland Payment Systems could eclipse the TJ Maxx incident with the largest impact upon its customers.

 

The New Jersey-based company, 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 a subsequent 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.

 

 

Share this article:

SC webcasts on demand

This is how to secure data in the cloud


Exclusive video webcast & Q&A sponsored by Vormetric


As enterprises look to take advantage of the cloud, they need to understand the importance of safeguarding their confidential and sensitive data in cloud environments. With the appropriate security safeguards, such as fine-grained access policies, a move to the cloud is as, or more, secure than an on-premise data storage.


View the webcast here to find out more

More in News

Shellshock: Millions of servers under attack

Shellshock: Millions of servers under attack

In the wake of Shellshock, end-users and security managers race to patch web servers and desktops, but may be forgetting vulnerable embedded devices.

Londoners agree to give child away in return for free WiFi

Londoners agree to give child away in return ...

Hundreds trapped and exposed by fake 'poisoned' WiFi hotspot.

Cybercrime-as-a-service the new criminal business model

Cybercrime-as-a-service the new criminal business model

A new report from Europol's European Cybercrime Centre (EC3) reveals that cybercrime is being increasingly commercialised, and by criminals who use legitimate services to hide their activities.