A federal district court in Arizona ruled that P.F. Chang’s China Bistro should not be reimbursed for fees it paid to its merchant services provider related to its 2013 card breach. The case illustrates how merchants are increasingly being burdened with fees and fraud-related costs that even cyber insurance cannot help them cover, some security experts say. The court ruled that Federal Insurance was not responsible for breach-related fees that are paid to a third-party under contract under the contract.”]
Source: https://www.cuinfosecurity.com/cyber-insurance-worth-it-a-9177