Eight banks and credit unions have filed lawsuits against Heartland Payment Systems over its data breach. The breach, thought to possibly be the biggest ever disclosed, has already affected over 500 financial institutions, including a handful in the Bahamas, Bermuda and Canada. The lawsuits seek compensation from Heartland for the costs the financial institutions say they’ve had to bear in notifying affected customers about the breach, and to reissue them new payment cards. It is not yet clear how successful such lawsuits will be against the massive breach disclosed by TJX Companies Inc in 2007.”]
Source: https://www.csoonline.com/article/2123764/banks-sue-heartland-over-data-breach.html