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Target, Visa Reach Breach Settlement

The Wall Street Journal, quoting people familiar with the deal, places the value of the agreement at up to $67 million. Visa and Target, in acknowledging an agreement has been reached, have yet to confirm its value. Target states that it reached a settlement agreement with Visa on Aug. 17, after Visa’s largest card issuers agreed to the terms of the deal. “The costs of the settlement are already reflected in Target’s previously reported fiscal 2013 and 2014 results,” the company says.”]

Source: https://www.cuinfosecurity.com/target-visa-reach-breach-settlement-a-8483

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