Heartland Breach Has Now Impacted 656 Institutions
Written by Evan SchumanMay 31st, 2009
In the ongoing saga that is the Heartland data breach, a group that tracks such things has now tallied that at least 656 financial institutions have been impacted.
“The tally reflects many banks and credit unions with losses of thousands of dollars to fraud, along with the costs associated with monitoring and card replacement, which has led to several class action suits being filed against the payments processor” said the story in BankInfoSecurity.
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
