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.

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Cynthia J. Larose

Member / 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.