Global Payments says breach will cost $85 million

Breached payment processor Global Payments announced Thursday that it has completed its investigation into the incident, and determined the clean-up and response will cost $84.4 million. The Atlanta-based company revealed in March that its systems were raided of no more than 1.5 million credit and debit card numbers. "This charge includes an estimate of charges from the card brands and investigation and remediation expenses," a statement said. "A qualified security assessor is conducting the independent review required to return the company to the lists of PCI compliant service providers."

Sign up to our newsletters

More in News

Three LulzSec members plead guilty in London

Ryan Ackroyd, 26; Jake Davis, 20; and Mustafa al-Bassam, 18, who was not named until now because of his age, all admitted their involvement in the hacktivist gang's attack spree.

WordPress tightens security with two-factor authentication

The new feature is immediately available for users and "secret" codes can be accessed via SMS or through the Google Authenticator app.

Microsoft fixes three "critical" flaws with Patch Tuesday release

The biggies are two vulnerabilities in Internet Explorer and a single weakness in Remote Desktop Connection.