Global Payments Inc. says it is closing its investigation of a data breach it discovered in March 2012. The processor now reports that expenses linked to the breach were lower than what the company had previously estimated. The company also reports that a breach-related class-action lawsuit filed in April 2012 was dismissed March 6. The lawsuit claimed the processor had failed to maintain reasonable and adequate procedures to protect cardholders’ personally identifiable information. Global says its network and systems have been confirmed compliant and secure, and all lingering expenses have been paid.”]
Source: https://www.bankinfosecurity.com/global-closes-breach-investigation-a-5684