Largest Data Breach Disclosed During Inauguration
rmogull writes "Brian Krebs over at the Washington Post just published a story that Heartland Payment Systems disclosed what may be the largest data breach in history. Today. During the inauguration. Heartland processes over 100 million transactions a month, mostly from small to medium-sized businesses, and doesn't know how many cards were compromised. The breach was discovered after tracing fraud in the system back to Heartland, and involved malicious software snooping their internal network. I've written some additional analysis on this and similar breaches. It's interesting that the biggest breaches now involve attacks installing malicious software to sniff data — including TJX, Hannaford, Cardsystems, and now Heartland Payment Systems." One bit of good news out of this massive breach is that, according to Heartland's CFO, "The nature of the [breach] is such that card-not-present transactions are actually quite difficult for the bad guys to do because one piece of information we know they did not get was an address." Heartland just put up a press release on the breach.
WTF??? What does the inauguration have to do with this? I suggest we go back to all Slashdot stories and insert what happened on that day. Examples:
* Researcher says Linux is better than Windows on Friendship Day.
* Researcher says Linux is better than Windows on Fall Equinox.
* Researcher says Linux is better than Windows on Kwanzaa.
"The nature of the [breach] is such that card-not-present transactions are actually quite difficult for the bad guys to do because one piece of information we know they did not get was an address," Baldwin said.
Because as we all know it is impossible to get someone's address by having only their full name and credit card number.
They are trying to down play a very serious incident by disclosing the breach on a day heavily focused on the inauguration. Then they have the nerve to say "don't worry they didn't get your address" as if to say someone smart enough to embed malicious software which gathers credit card numbers is not smart enough to find someone's address. Common!
/whisper/ Thanks for the candy!
What's needed is a totally new kind of online financial transaction system. One that don't use card numbers. A dongle on the client connects to the server generates a one-time session key,and identifies itself to the server and displays a random Pin code, the customer then types it in to verify the transaction. The session is encrypted and the data sent can only be used for the one transaction, no repeat man-in-the-middle hacks ..
davecb5620@gmail.com