Friday, May 18, 2012

Senate Panel Passes Bill to Ban Web Credit ‘Data Pass’ Leading to Unauthorized Sales

The Senate Commerce, Science, and Transportation Committee June 9 approved a bill that would ban online firms from passing a purchaser’s credit…

BNA INSIGHTS: Scrutiny on Payment Card Data Pass: Raising the Profile of Personal Information Sharing Among Marketers

Until now, this situation was fairly common: a consumer shops online, visiting an online marketing company’s website. The consumer decides to purchase, say, virus protection software from…

Heartland to Pay MasterCard $41.4 Million to Settle Claims from Massive Data Breach

Heartland Payment Systems Inc. has agreed to pay $41.4 million to settle claims by MasterCard issuing and processing banks related to a massive payment card data breach, the payment card transaction…

Court Gives Preliminary Approval to Heartland Breach Consumer Class Action Settlement

A settlement agreement to end some seventeen consumer class actions related to a massive payment card data breach by Heartland Payment Systems Inc. was preliminarily approved by…

Washington Now Second State with Retailer Card Breach Liability Law, Joining Minnesota

As of July 1, Washington merchants and agencies that process 6 million or more payment card transactions per year face liability to financial institutions for certain credit and debit card breach costs, under a bill signed March 22 by Gov. Christine Gregoire (D).

ANALYSIS: Payment Card Industry Data Security Standard Trends 2010: Report on Qualified Security Assessor Insights, by Ponemon Institute

Ponemon Institute report on PCI DSS compliance focuses on the insights of certified auditors tasked with validating compliance at the largest merchants and service providers…

Heartland Systems Agrees to Pay $60 Million to End Visa-Issuing Bank Data Breach Claims

Heartland Payment Systems Inc. has agreed to pay a maximum of $60 million to Visa Inc. and Visa card-issuing banks to settle claims arising out of a massive…

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