Security News > 2009 > June > Heartland Data Breach: Institutions Still Feel the Sting

http://www.bankinfosecurity.com/articles.php?art_id=1568 By Linda McGlasson Managing Editor Bank Infosecurity June 23, 2009 A Tampa, FL-based credit union has notified 56,000 members that their Visa check cards were exposed to fraud as a result of the Heartland Payment Systems (HPY) data breach announced back in January. Suncoast Schools Federal Credit Union discovered only at the end of May that some of its customers could be in danger from the payments processor breach in which customer account data from millions of credit and debit card transactions was exposed. The credit union is issuing new cards to all members whose accounts were compromised. Fewer than 1,000 members were actually affected by fraud as of last week, according to Melva McKay-Bass, senior vice president of member service operations for Suncoast. Suncoast Schools FCU, with 450,000 members, has 50 locations in central Florida and reported nearly $5.9 billion in assets in 2008. The credit union began notifying members via mail in the first week of June, says McKay-Bass. "It was not a Suncoast exclusive event, nor was it through any fault of our own," McKay-Bass told the St. Petersburg Times. "It was not anything that we had done wrong." [...] _____________________________________________ Visit the InfoSec News security bookstore! http://www.shopinfosecnews.org
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http://www.bankinfosecurity.com/articles.php?art_id=1568
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