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New Data Hack Exposes Millions

January 21st 2009 20:18
In an announcement from Heartland Payment Systems about a breach of their security measures, there is the possibility that tens of millions of consumer credit card information may have been accessed by hackers.

Explaining that malicious software may have been installed as early as May 2008...

but Heartland did not detect the breach until it was alerted to the activity in late fall. The personal data of 600 million or more cardholders was vulnerable, but data security experts suggested data from far fewer accounts had been extracted. Other confidential information, like personal security codes, is not believed to have been compromised. That might limit damages.


600 Million Cardholders! That's a lot of exposure. One analyst suggests that this breach might cost Heartland as much as half a billion dollars.

How concerned are you about data hacking at your bank or merchant? Are you doing anything to minimize your exposure?
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