Lorenzo's Security Blog

  Image via Wikipedia PNC Financial Services Group is investigating a possible security breach involving some debit cards issued by the former National City Corp., which it acquired in December 2008. The problem surfaced when former National City customers began reporting unauthorized charges on their accounts. The breach involves a small number of cards in [...]

Heartland Payment Systems Inc., a New Jersey-based payments processor, has agreed to pay up to roughly $60 million to cover losses caused to Visa Inc. credit and debit cardholders as a result of a huge 2008 security breach, the companies have announced. Image via Wikipedia The settlement agreement is contingent upon acceptance by financial institutions [...]

Senator ‘Astonished” That Breach Lasted So Long…. The ranking member of the Senate Homeland Security and Governmental Affairs Committee told the chief executive of Heartland Payment Systems that she was “astonished” a breach the company’s information system lasted for nearly 1½ years without being detected. At a panel hearing Monday on protecting industry against growing [...]

Image via Wikipedia Two of the largest U.S. banks — Bank of America Corp. and Citigroup Inc. — have issued new credit and debit cards to Massachusetts customers after running into data-safety concerns. Charlotte-based BofA (NYSE:BAC) and Citigroup (NYSE:C) each recently issued replacement cards to consumers, telling them in letters that their account numbers may [...]

Pennsylvania and 40 other states reached a $9.75 million settlement with the owner of the T.J. Maxx and Marshalls discount stores over a massive security breach that compromised consumers’ accounts, state Attorney General Tom Corbett said today. “Every time someone swiped a credit card or debit card” at a store operated by TJX Companies Inc., [...]