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The real cost of data breaches – Heartland to pay Amex $3.5 million

Posted in Data Breach

According to its 8-K filing with the Securities and Exchange Commission (SEC), Heartland Payment Systems Inc. has agreed to pay American Express Travel Related Services Co. Inc. just over $3.5 million to settle any claims arising out of a massive payment card data breach. This settlement is likely to be only the first over the… Continue Reading