Heartland breach costs at $12.6M – and counting

The cost of the Heartland Payment Systems breach is now pegged at over USD $12 Million and it’s still rising. We’ll never know the true costs, but then again, we’ll never know the real story either.

Heartland has maintained from the time of their first disclosure that they were PCI compliant but Visa temporarily de-listed them from the approved vendor list. Now we know that MasterCard is fining them $6 million. And, as you know if you follow this blog, the PCI counsel insists that a PCI compliant vendor has never been compromised. Obviously someone is stretching the truth a bit. Do you suppose that it’s Heartland.

Just wondering.

Heartland breach costs at $12.6M and counting

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About Tom Mahoney

Tom Mahoney is the Founder and Director of Merchant911, a site dedicated to helping e-commerce merchants.
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