Feeds

Heartland to pay Amex $3.6m for massive payment breach

Thanks, 'Segvec'

Beginner's guide to SSL certificates

Heartland Payment Systems will pay American Express $3.6m to settle claims related to the criminal breach of its payment processing network last year.

It's the first settlement Heartland has reached relating to the hacking of its network, which the processor disclosed in January. There's no indication disputes with other card brands such as Visa and MasterCard have been resolved, although Heartland has had to pay fines assessed by them. Heartland has set aside $12.6m to compensate card companies for the breach.

The fees underscore the costs associated when data for large numbers of payment cards fall into the hands of criminals. Brands typically must respond by reissuing cards for millions of customers at considerable expense.

Albert "Segvec" Gonzalez, a former US government informer and prolific hacker, has agreed to plead guilty to participating in the Heartland breach. He and other hackers are accused of breaking into several other payment networks, in part by exploiting garden-variety SQL injection vulnerabilities on the their websites. In all, they made off with more than 130 million credit card numbers.

"We are pleased to have reached an equitable settlement with American Express," Heartland CEO Bob Carr said in a statement. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Apple's new iPhone 6 vulnerable to last year's TouchID fingerprint hack
But unsophisticated thieves need not attempt this trick
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Who.is does the Harlem Shake
Blame it on LOLing XSS terroristas
Researchers tell black hats: 'YOU'RE SOOO PREDICTABLE'
Want to register that domain? We're way ahead of you.
Stunned by Shellshock Bash bug? Patch all you can – or be punished
UK data watchdog rolls up its sleeves, polishes truncheon
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
SHELLSHOCKED: Fortune 1000 outfits Bash out batches of patches
CloudPassage points to 'pervasive' threat of Bash bug
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.