MasterCard says it plans to submit a revised settlement plan to Target that resembles Visa’s deal. Visa’s leading card issuers impacted by Target’s breach have accepted Visa’s settlement deal. Some observers predict the banks’ lawsuit against Target eventually could be dropped. The Wall Street Journal, quoting people familiar with the deal, places the value of the agreement with Visa at up to $67 million, but the company has yet to confirm that figure. Experts say banks and credit unions will likely accept any settlement that offers a reasonable payout.”]
Source: https://www.cuinfosecurity.com/target-breach-mastercard-weighs-new-settlement-a-8488