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Increased collaboration and information sharing among payments-industry companies can help reduce the effectiveness of data hackers, Mike Passilla, executive vice president of global business development at Elavon Inc., tells CardLine. "Even though we are competitors, we are peers in the industry," he says. "We need to make sure we're advancing the strength and resistance of the industry as a whole." Processors and acquirers should collaborate and share "best practices" and "lessons learned" regarding data security, says Passilla. "I don't think anyone wins when one of my competitors gets hurt. No one wins when Heartland Payment Systems falls victim, except the fraudsters," he says. Princeton, N.J.-based Heartland announced in January that hackers breached its processing network and captured the credit and debit card numbers and expiration dates of an undisclosed number of cards (CardLine, 1/20). Elavon is based in Atlanta.


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