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Global Payments Breach Tab: $94 Million

Global Payments Inc. says the data breach it revealed in April 2012 has cost the company $93.9 million. The Atlanta-based payments processor says expenses related mainly to investments made to enhance security. The processor says it has now paid all fines related to non-compliance and has reached resolution with certain card networks. Global acknowledged the breach after security blogger Brian Krebs broke news about a hack that affected Global’s payments network in late March 2012. Global says it hopes to be returned soon to the payment card network list of PCI-DSS compliant service providers.”]

Source: https://www.cuinfosecurity.com/global-payments-breach-tab-94-million-a-5415

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