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David & Goliath- A PCI Story

Published on January 12, 2012 By Mike Logan

There are many people who feel PCI is ultimately a thinly-veiled credit card company scheme that makes businesses police themselves- when really, it’s to pass on the liability when credit card companies’ lax security results in a breach. This pass-the-buck-for-blame policy often leads to major fines and priceless damages for smaller businesses, and the case [...]

Bottomless Breach

Published on June 2, 2010 By Mike Logan

Last month Computerworld reporter Jaikumar Vijayan cited the total costs for the Heartland Payment Systems breach to be at about $140 million as of May 10th. Quarterly financial results released by Heartland last week show that the card payment processor has accrued $139.4 million in breach-related expenses. The figure includes a settlement totaling nearly $60 [...]