- A banking/security leader, who describes the impact of such breaches on community banking institutions;
- A noted privacy attorney, who discusses the legal impact of these crimes and how to fight them;
- A trusted leader of on demand information security services, who will share market insights on the latest fraud trends and what companies need to do to prevent, manage and respond to the growing security threats
BackgroundThis is the fraud that got everyone's attention.
When Heartland Payment Systems (HPY) revealed in January 2009 that it had been the victim of a malicious hack sometime in 2008 - that an unknown number of consumers had their account names and numbers pilfered - the payments processor became the unwitting face of fraud.
Since that crime, more than 600 financial institutions have volunteered to Information Security Media Group that they and their customers - tens of thousands of individuals - were affected and in some cases defrauded as a result of the Heartland breach.
Although no one knows for certain how big the breach was, the Heartland case nevertheless caused:
- Customers to join in class action suits against the processor;
- Banking institutions to band together to buck the trend of having to replace cards and placate customers after crimes committed on other organizations' watch;
- The security and payments industry to re-evaluate the systems and solutions in place to protect personally identifiable information at all stops along the transaction route.
Merchants, banks, customers and vendors - they all have been affected by the Heartland breach, and their perspectives will be represented in this panel discussion about the crime and how to prevent future incidents.
Register for this webinar to see these perspectives:
- An overview of the Heartland breach and its impact on banking institutions, as portrayed by Tom Field, Editorial Director of Information Security Media Group.
- How one community banking institution was struck - and is now fighting back - as told by Stephen Wilson, VP of McGehee Bank.
- The legal perspective - what consumers, institutions and states can do to respond, with insight from noted privacy attorney Randy Sabett.
- Beyond Heartland - ways financial institutions can address the growing complexity, cost and compliance pressures of protecting their customers' most critical information, with advice from Kevin Prince, Chief Architect of Perimeter eSecurity.
Security experts say Heartland-style breaches are the wave of the future in fraud, but financial institutions now have the opportunity to buck that trend. This panel discussion is step one toward preventing further breaches.