Blog | G5 Cyber Security

Wendy’s Reaches $50 Million Breach Settlement With Banks

Wendy’s reached a proposed settlement with financial institutions, including attorneys’ fees and costs, that would pay out $50 million. The fast-food giant says it expects to pay about $27.5 million, while the rest will be covered by insurance. The settlement agreement must still be approved by the court, and the payment would not be made until late in 2019. In 2015 and 2016, attackers infected 1,025 of Wendy’s restaurants’ point-of-sale systems with malware, leading to the loss of payment card data.”]

Source: https://www.cuinfosecurity.com/wendys-reaches-50-million-breach-settlement-banks-a-12032

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