Breach, Data Security

Heartland settles with Discover over breach

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

Get daily email updates

SC Media's daily must-read of the most current and pressing daily news

By clicking the Subscribe button below, you agree to SC Media Terms and Conditions and Privacy Policy.