BreachExchange mailing list archives

Heartland settles with Discover over breach


From: security curmudgeon <jericho () attrition org>
Date: Wed, 1 Sep 2010 19:42:42 -0500 (CDT)


http://www.scmagazineus.com/heartland-settles-with-discover-over-breach/article/178116/

Heartland settles with Discover over breach
Dan Kaplan
September 01, 2010

Heartland Payment Systems, the New Jersey-based credit card processor that 
fell victim  to the largest reported data breach of all time, announced on 
Wednesday that it will settle with Discover for $5 million. Heartland 
already has settled with Visa for $60 million and MasterCard for $41.4 
million over the breach, which exposed an estimated 130 million credit and 
debit card numbers to organized criminals. The settlement money will be 
used by Discover to recoup costs related to reissuing cards and any 
incidents of fraud consumers may have experienced. . DK


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