Heartland Breach: Fraud Activity Reported
Excerpts From BankInfoSecurity.com’s Linda McGlasson
The fraud against 16 credit cards of CU Community Credit Union members over one weekend last November puzzled the credit union’s staff. The Springfield, MO-based credit union discovered nearly $11,000 in fraudulent charges against those cards.
At the time, the credit union didn’t know what the fraud was related to, but staffers knew other financial institutions in the area were experiencing similar fraud, says Jenny Reynolds, vice president of marketing for the credit union. The credit cards were immediately blocked, and customers’ accounts credited.
It wasn’t until the credit union was contacted by its credit card company about the Heartland Payment Systems (HPY) data breach that the connection was made. CU Community Credit Union is one of an unknown number of institutions that have been hit by the Heartland breach that was first made public on January 20.
Filed under: Breach, Class Action Lawsuit, ISR News, Insider Threat, PCI, Sarbanes-Oxley, Uncategorized, hackers, malware, privacy
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Mon, 9th Feb 2009 3:08 am
[...] Heartland Breach: Fraud Activity Reported Excerpts From BankInfoSecurity.com ’s Linda McGlasson The fraud against 16 credit cards of CU Community Credit Union members over one weekend last November puzzled the credit union’s staff. The Springfield, MO-based credit union discovered nearly $11,000 in fraudulent charges against those cards. At the time, the credit union didn’t know what the fraud was related to, but staffers knew other financial institutions in the area were experiencing similar fraud, says Jenny Reynolds, vice p [...]
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