Target, Visa Breach Settlement reportedly reached a settlement agreement with Visa. Visa reportedly will reimburse card issuers for fraud losses and other expenses tied to the retailer’s 2013 breach. The Wall Street Journal, quoting people familiar with the deal, places the value of the agreement at up to $67 million. A class action lawsuit filed against Target by U.S. banks and credit unions is still pending (see Banks Suing Target Make New Demands) A hearing regarding class certification has been scheduled for Sept. 10.”]
Source: https://www.govinfosecurity.com/target-visa-reach-breach-settlement-a-8483