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February 28, 2006

CardSystems Settles With FTC

CardSystems compromised significant consumer data and, according to this report, they'll pay.

So apparently CardSystems, the company responsible for the biggest compromise of consumer credit card data in history, has settled with the Federal Trade Commission. From the eWeek article, “FTC Settles with CardSystems Over Data Breach“:

 

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CardSystems Settles with FTC

Posted on February 28, 2006 11:43 PM by Financ38.
Filed in Reports by Consumers under financial products.
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