Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
MidFlorida CU reissues cards from Heartland breach
LAKELAND, Fla. (4/6/10)--MidFlorida CU says it is issuing 12,000 new debit cards after recent fraud attempts stemming from a data breach announced in 2009 by Heartland Payment Systems. Kathy Britt, MidFlorida chief operating officer, told area media that affected members received notices March 26 informing them they will receive new debit cards because of the continued risk of fraud. Members were asked to review their accounts for suspicious activity and to check their credit reports (BankInfoSecurity.com April 1 and The Ledger March 30). The $1.4 billion asset credit union has about 80,000 debit card holders and had replaced 5,000 cards in 2009, when the breach was made public. Heartland, a Princeton, N.J.-based payment processing company announced in January 2009 a breach had exposed information from 130 million credit and debit cards--the largest data breach on record At least one other financial institution--First National Bank of Durango, Colo.-- said it would replace 5,000 debit cards as the result of new fraudulent activity related to the Heartland breach, said Bank Info Security. The man responsible for the Heartland breach and others, Albert Gonzalez, was sentenced March 25 and 26 to concurrent 20-year sentences in prison.
Other Resources

RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
1 Day ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
1 Day ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
1 Day ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
1 Day ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
1 Day ago