Posted on May 14th, 2009 No comments
Processor says it Has Already Spent $12.5 Million in Fees, PenaltiesThe Heartland Payment Systems (HPY) data breach has already cost the card processor millions in fines from Visa and MasterCard. This news was revealed by CEO Bob Carr in Heartland’s recent earnings call, wherein Carr said the much-publicized breach has already cost the company $12.5 million.
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Heartland Data Breach: MasterCard, Visa Impose Hefty Fines