Thursday, June 18, 2009

Heartland CEO Calls Breach "Devastating"


Heartland Payment Systems CEO Robert Carr calls the data breach that rocked the payment processor "
devastating." Since the incident, the company has been working overtime to repair the damage.

According to Computerworld, Heartland expects an end-to-end encryption program for protecting card data to be complete in the third quarter. The company also is pushing for an industry-wide standard for encrypting data white it's moving through networks. Heartland has co-founded the Payment Processor Information Sharing Council, which gives organizations in the industry a forum for sharing information about security threats, vulnerabilities and fraud.

Gartner analyst Avivah Litan praised Carr's efforts, saying the

"the bottom line [is that] he is doing some good work. He is elevating the debate around card security and even got the card companies to speak about end-to-end encryption,"




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