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Heartland Payment Systems, Discover Agree To $5 Mln Intrusion Settlement

Posted on September 1, 2010 by Dissent

Heartland Payment Systems said it reached a settlement agreement with Discover Financial Services (DFS) related to the 2008 criminal intrusion of Heartland’s payment system environment. Under the agreement, Heartland would pay Discover $5 million, resolving all issues related to the 2008 intrusion.

“This settlement marks our final agreement with a card brand related to the intrusion.” said Bob Carr, Heartland’s chairman and chief executive officer.

Source: RTT News.

Related posts:

  • Heartland in $60 mln settlement agreement with Visa
  • NYS announces $8 Million Penalty Against Genesis Global Trading, Inc. After DFS Investigation Finds Significant Failings in Anti-Money Laundering and Cybersecurity Programs
  • NYS Department of Financial Services Announces Cybersecurity Fraud Alert
  • Staring into the abyss: how many breaches go unreported?
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