Resources for Payment Card Industry (PCI)

Heartland Payment Systems Put on Probation Over Security Breach by Visa

seekingalpha.com

Heartland Payment Systems (HPY), one of the largest credit card processors in North America, is finally being called to the carpet for the apparent lapses in Payment Card Industry Data Security Standards (PCI DSS) that contributed to the largest data breach of 2008, perhaps even the largest breach ever considering the full extent of the exposure has yet to be determined.Called to the carpet sort of, anyway; the sanctions and guidance laid out by Visa (V) seem a little lackluster when weighed against the severity and duration of the breach.

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