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Heartland Update: More than 650 Institutions Impacted

Several class action suits have been filed against the payments processor. The Federal Trade Commission hasn’t said whether it is investigating the data breach. The FTC investigated the previous data breach at CardSystems Solutions in 2005. The banks and credit unions issuing Visa cards that were affected by the breach had a deadline of May 19 to file claims to recover costs. The process has successfully met the challenge of easing the recovery process and reducing associated costs while balancing the needs of the payments system, according to Visa.”]

Source: https://www.fraudtoday.io/heartland-update-more-than-650-institutions-impacted-a-1502

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