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

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.

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