¶ … Heartland Data breach may well have been one of the biggest security breaches ever perpetrated.
Heartland Payment Systems, Inc. (HPS) provides debit, prepaid, and credit card processing, online payments, check processing, payroll services as well as business solutions for small to mid-sized industries. Approximately, 40% of its clients are restaurants. HPS is the fifth largest credit card processor in the United States and the 9th largest in the world.
The breach occurred in 2008 at the Princeton, N.J., payment processor Heartland Payment Systems and may well have compromised "tens of millions of credit and debit card transactions" (Krebs; online). Revelations were announced to the public on January 20, 2009, the day of Obama's inauguration.
Heartland processed payments at the time for more than 250,000 business when it began receiving fraudulent reports from MasterCard and Visa from cards that had been used by merchants who had relied on heartland when processing payments.
Ultimately, it was discovered that the source of the breach lay in a piece of malicious software that had been inserted in the company's payment processing network and that recorded payment card data of thousands...
Security Breach Case Scenario 1: Security Breach Hospitals have the opportunity and responsibility to integrate sound policies and procedures in relation to the protection of the confidential client information (Rodwin, 2010). St. John's Hospital in no different to this notion has the organization seeks to enhance the security and confidentiality of the information of its clients. The organization is a role model to other institutions within the geographical area on the essential
Both types -- qualitative and quantitative -- have their advantages and disadvantages. One of the most well-known of the quantitative risk metrics is that that deals with calculation of annual loss expectancy (ALE) (Bojanc & Jerman-Blazoc, 2008). ALE calculation determines the monetary loss associated form a single occurrence of the risk (popularly known as the single loss exposure (SLE)). The SLE is a monetary amount that is assigned to
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The next thing is to immediately contact the FOIP Coordinator, Privacy Officer, Responsible Affiliate as well as any other person who is responsible for the organization's it security. Evaluation of the Risks Associated with the Breach There is a need to evaluate the risks associated with the privacy breach. This should be done with a consideration of personal as well as health information (Social Insurance Number, financial information or any other
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