27 July 2010

Heartland Heads to the Finish Line

Heartland Heads to the Finish Line
Last summer at this time, payments processor Heartland Payment Systems was sweating under the spotlight turned on by the historic Heartland data breach -- the largest such incident ever reported. Heartland and its leaders faced glaring scrutiny from everyone in the financial services industry. There were lawsuits from investors, consumers, banks and credit unions. Even its CEO faced stern questions on Capitol Hill by a Congressional committee looking into the payment processor's data breach.

A year later, the Heartland breach has been solved - hacker Albert Gonzalez has been sentenced to 20 years in prison for masterminding the attack. Heartland has emerged as a leading voice in the industry-wide call for improved payments security. And CEO Bob Carr now has the opportunity and perspective to discuss leadership under fire, and how he helped the company emerge from its disaster."