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As reported by Computerworld, the FTC settled with CardSystems over last summer's data breach, which may have exposed 40M credit cards.
CardSystems must adopt security measures, undergo independent audits for the next 20 years. It still faces potential liability for millions of dollars in private lawsuits for losses.
This page contains a single entry from the blog posted on February 27, 2006 7:49 PM.
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