Robert McMillan reports:
Heartland Payment Systems will pay American Express $3.6 million to settle charges relating to the 2008 hacking of its payment system network.
This is the first settlement Heartland has reached with a card brand since disclosing the incident in January of this year.
This settlement resolves “all intrusion-related issues between the two parties,” Heartland said in a statement Thursday. However, the company’s disputes with other brands such as Visa and MasterCard apparently remain unresolved. A company spokeswoman declined to comment further on the matter for this story.
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