Lorenzo's Security Blog

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 [...]

A serial hacker has been charged with carrying out the largest theft of credit card identities ever recorded in the U.S., in a sophisticated scam in which he and accomplices allegedly stole at least 130m accounts from big retail companies. Albert Gonzalez, 28, of Miami, who once worked with the US secret service, is accused [...]