Data theft: Top 5 most expensive data breaches

4. Heartland Payment Systems - $140 million

  • close
    MasterCard and VISA credit cards are seen in this illustrative photograph taken in Hong Kong Dec. 8, 2010. The two companies tipped off Heartland Payment Systems when they noticed suspicious transactions.
    View Caption
  • About video ads
    View Caption
of

Heartland Payment Systems, a payment processor based in Princeton, N.J., was the victim of a major cyber attack in 2008. Criminals installed spying software on the company’s computer network and stole the numbers of as many as 100 million credit and debit cards. Albert Gonzales, a hacker from Miami, was accused of playing a critical role in the Heartland hack, as well as other massive data breaches of companies including retailer TJX, 7-Eleven, Inc., and the grocery chain Hannaford Bros. Co. Inc. In 2010, Gonzales was sentenced to 20 years in federal prison. The company paid about $140 million in fines and settlements but recovered tens of millions through insurance, Business Insurance reports.

2 of 5

Read Comments

View reader comments | Comment on this story

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK