Hannaford Says It Won’t Pick Up Tab For Data Breach

Credit Union Journal, The, March, 2008

Hannaford Bros. grocery store chain is placing the financial burden related to the giant cards breach initiated at its stores squarely on the backs of card issuers. A spokesperson for Hannaford, which is the core sponsor for Hannaford Associates FCU, told the Associated Press that it had already lived up to its only responsibilities in the case: identifying and fixing the breach, notifying its own customers and alerting the credit card companies and financial institutions.

That leaves banks, credit unions and other card issuers holding what is expected to be the multi-million dollar tab for reissuing credit and debit cards compromised by the data breach at Hannaford.

(c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved.