Way back in 2007, the network of Heartland Payments Systems was hacked. Over the following months, the New Jersey credit and debit card processing business admitted that the perpetrators had gained access to data on more than 100 million cards. Until the Equifax hack in 2017, it was the biggest data breach of all time.
After the hack, Heartland founder and CEO Robert Carr went on the offensive, putting the blame on compliance auditors who had previously given the company a clean bill of health.
Rich Newman joins to talk about challenges facing the alternative data space and why open data is becoming increasingly important.Subscribe to Weekly Wrap emails