Social networking meets the credit card industry – in a new way this time. Although, I’m sure a recent new venture would have preferred a more favorable type of news release.
Blippy, a new social networking site which allows users to share their credit card purchases, unintentionally exposed the financial information of some of its members. Continue reading "Social Sharing Networks and Data Protection"
The latest news about Heartland Payment Systems’ 2008 security breach revealed some alarming, yet important, issues about the reporting of breaches and responsibility of the players involved in data security.
Heartland’s 2008 data breach is supposedly the largest breach of that year, but not the only one hit by the same hacker. According to Bob Carr, CEO of Heartland, most of the companies affected did not come forward. However, news articles are blasting Heartland for not reporting the 2008 breach earlier so customers and merchants could take action and precautions. While the Department of Justice has been successful in capturing individuals behind the recent data breaches, this should be a strong sign to any company involved with sensitive data that they should be stepping up efforts in the prevention of data loss.
Continue reading "Data Security: Who is Responsible?"