Heartland pays $5 million settlement to Discover over data breach

Heartland Payment Systems has agreed to pay up to $5 million to Discover Financial Services in relation to the data breach that hit the processor in 2008, marking its final settlement with all leading card brands over the intrusion.

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Heartland pays $5 million settlement to Discover over data breach

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Heartland revealed last January that malicious software in its processing system had been found, potentially compromising the card data of millions of people.

The $5 million settlement with Discover follows a $41.4 million pay-out to MasterCard, a $60 million bill from Visa and a $3.6 million deal with American Express. In Dember last year the embattled processor also agreed to pay up to $2.4 million to settle a consumer cardholder class action suit

Announcing the latest agreement, Bob Carr, Heartland's chairman and chief executive officer, says: "This settlement marks our final agreement with a card brand related to the intrusion."

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