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Target will settle with MasterCard for $19 million following 2013 security breach
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The following comments relate to this news article:

Target will settle with MasterCard for $19 million following 2013 security breach

article published on 16 April, 2015

Target has said today that it will pay $19 million to financial institutions that used MasterCard-branded cards that were compromised in the huge 2013 security breach in which over 40 million card numbers were stolen from the retailer. The settlement number should help the banks to cover their costs of reissuing the cards for millions of clients. Target will make the payment by the ... [ read the full article ]

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hearme0
Senior Member
_ 		17. April 2015 @ 17:10 _ Link to this message    Send private message to this user   
Ooooohhhhhh......OUCH!

Live and learn Target, live and learn.
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DXR88
Senior Member

4 product reviews
_ 		20. April 2015 @ 01:55 _ Link to this message    Send private message to this user   
Quote:
 the settlement number should help the banks to cover their costs of reissuing the cards for millions of clients.


and what about the cost of reimbursing people that had there cards compromised.

Oh that's right screw those guys, I keep forgetting in the United States a financial institution can loose billions of somebody else's money and not be held liable for the loss.
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This message has been edited since posting. Last time this message was edited on 20. April 2015 @ 02:02
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