More on the real cost of the Heartland breach

By Cynthia J. Larose

Nearly 10 months after disclosing a months-long data breach that affected millions of consumers, the financial impact of the Heartland data breach continues to unfold. InformationWeek reports that Heartland stock prices plunged more than $500 million following the breach, and while shareholder value has rebounded, other breach related costs have thus far totaled $32 million, with numerous lawsuits against the company still pending.

Subscribe To Viewpoints

Published

    • Viewpoint Topics

  • Privacy & Cybersecurity

    • Professionals

  • Cynthia J. Larose

    • Author

    Cynthia J. Larose

    Member / Co-Chair, Privacy & Cybersecurity Practice

    Cynthia J. Larose is Chair of the firm's Privacy & Cybersecurity Practice, a Certified Information Privacy Professional-US (CIPP-US), and a Certified Information Privacy Professional-Europe (CIPP-E). She works with clients in various industries to develop comprehensive information security programs on the front end, and provides timely counsel when it becomes necessary to respond to a data breach.