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Heartland Agrees to $60M Settlement with Visa over Breach
Heartland Payment Systems agrees to pay as much as $60 million to Visa to address losses by credit and debit cardholders affected by the data breach Heartland suffered in 2008.
– Heartland Payment Systems on Jan. 8 announced that it has agreed to pay up
to $60 million to Visa to cover losses to credit and debit cardholders affected
by the massive
data breach Heartland suffered in 2008.
According to Heartland’s news release, the settlement agreement is quot;contingent
…
Startup News & Technology | Heartland Agrees to $60M Settlement with Visa over Breach
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Anyone else here reading “I.T. WARS”? I had to read parts of this book as part of my employee orientation at a new job. The book talks about a whole new culture as being necessary – an eCulture – for a true understanding of security, being that most identity/data breaches are due to simple human errors. It has great chapters on security, as well as risk, content management, project management, acceptable use, policies, and so on. Just Google “IT WARS” – check out a couple links down and read the interview with the author David Scott. (Full title is “I.T. WARS: Managing the Business-Technology Weave in the New Millennium”).