More Heartland-Related Fraud Detected
April 1, 2010
Total Loss:
Unknown
The MidFlorida Federal Credit Union must issue 12,000 new debit cards after new fraud attempts traced back to the
Heartland Payment Systems data breach.
According to chief operating officer Kathy Britt, the credit union is taking this action because of the continued risk of fraud. The $1 billion-asset; Lakeland, FL-based credit union already reissued new cards to about 5,000 of its members in 2009, after the breach was made public. Britt says the new replacements follow recent fraud attempts on cards involved in the Heartland breach. The credit union has about 80,000 debit card holders.
Albert Gonzalez, the mastermind behind the Heartland breach and similar incidents,
was sentenced to concurrent prison terms on March 25 and 26.
Source:
Bank Info Security
Posted in:
Debit Card Fraud