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Apparel Company Files Landmark Lawsuit Against Visa in PCI Dispute

Nashville-based Genesco, which operates 2,440 retail stores, sued Visa U.S.A. Inc., Visa Inc. and Visa International Service Association to recoup almost $13.3 million levied against them following a 2010 data breach. Since 2006, retailers in particular, but virtually anyone who accepts Visa, MasterCard, American Express, Discover and other major and minor credit cards have been required to comply with 12 major data security requirements. A council run by the five major credit card companies is in charge of compliance.

Source: https://threatpost.com/apparel-company-files-landmark-lawsuit-against-visa-pci-dispute-031213/77619/

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