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Heartland pays Amex $3.6M over 2008 data breach

Posted on December 18, 2009 by Dissent

Robert McMillan reports:

Heartland Payment Systems will pay American Express $3.6 million to settle charges relating to the 2008 hacking of its payment system network.

This is the first settlement Heartland has reached with a card brand since disclosing the incident in January of this year.

[…]

This settlement resolves “all intrusion-related issues between the two parties,” Heartland said in a statement Thursday. However, the company’s disputes with other brands such as Visa and MasterCard apparently remain unresolved. A company spokeswoman declined to comment further on the matter for this story.

Read more on Computerworld.

Category: Financial SectorHack

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