Tag Archives: Payment Card

Sotto Discusses Epsilon Breach with Information Security Media Group

On April 5, 2011, Lisa Sotto, partner and head of the Privacy and Data Security practice at Hunton & Williams LLP, discussed the Epsilon email breach in an interview with Tracy Kitten of Information Security Media Group.  The interview covered issues such as data protection requirements for sensitive consumer data, steps companies should take to … Continue Reading

China Issues New Measures to Protect Credit Card Holders

On January 13, 2011, the China Banking Regulatory Commission issued its first comprehensive provisions relating to the credit card business, including regulations on marketing, managing application materials, and truncating account numbers that appear on credit card statements and receipts. … Continue Reading

Class Action Lawsuit Against Heartland Dismissed

The court in In re Heartland Payment Systems, Inc. Securities Litigation, Civ. No. 09-1043 (D. N.J. Dec. 12, 2009) recently dismissed a class action lawsuit brought by investors in Heartland, a processor of payment card transactions whose stock value dropped significantly after it suffered a data security breach in which hackers allegedly stole 130 million … Continue Reading

Nevada Updates Encryption Law and Mandates PCI DSS Compliance

As of January 1, 2010, Nevada law will require businesses to use encryption when data storage devices that contain personal information are moved beyond the physical or logical controls of the business, in addition to continuing to require that personal information be encrypted if it is transferred outside the secure system of the business. The … Continue Reading

Liability for Data Security Auditors

A lawsuit that will soon commence in Arizona has the potential to alter the data breach liability landscape by making data security auditors liable for data breaches experienced by the companies they audit.  The case, Merrick Bank Corp. v. Savvis Inc., has its origins in events that began in 2003, when Merrick Bank (“Merrick”) offered … Continue Reading