Heartland CEO Says Data Breach Was 'Devastating'
Heartland Payment Systems chief executive Robert Carr remembers what it felt like when he first heard about the massive data breach at his company earlier this year.
At the same time, Heartland will back and support an effort by the Accredited Standards Committee X9 to develop an industry-wide standard for end to end encryption he said. "We are going to do everything we can to be compliant and to utilize that standard when it becomes available," Carr said. But rather than wait for the standard to be developed, Heartland will go ahead and implement its own end-to-end encryption scheme in the meantime, he said.
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