Heartland Payment Systems Sued By Banks
Heartland Payment Systems has been sued in multiple lawsuits by various banks or credit unions that have had to reissue payment cards in the wake of the Heartland breach. Significantly, it appears that...
View ArticleWho is Minding the Legal Risk Around PCI?
An article I did for the ISSA Journal: Who is Minding the Legal Risk Around PCI?
View ArticleQuickhits: AMEX settles with Heartland Payment Systems for $3.6 Million
Read all about it: HERE.
View ArticleQuickhits: Heartland Settles With Visa for $60 Million
Read all about it here. Note, analyst Avivah Litan of Gartner indicated the "this seems like a very fair settlement, and it seems like Heartland escaped the tremendous costs that TJX incurred – $139...
View ArticleHeartland Bank and Keybank’s Motion to Dismiss
As we reported in January, a handful of issuing banks had filed suit against two merchant banks (Heartland Bank and Keybank) for alleged losses (e.g. reissuance and fraud costs) they suffered due to...
View ArticleSEC Issues Guidance Concerning Cyber Security Incident Disclosure
(co-authored by Nicole Friess) Publicly traded businesses now have yet another set of guidelines to follow regarding security risks and incidents. On October 13, 2011 the Securities and Exchange...
View Article
