Tag Archives: Credit card breach

Deeper Dive: Merchant Liability Arising from Stolen Payment Cards

For merchants, accepting payment cards is not really a choice. Many merchants, however, are unaware of how that “choice” subjects them to significant potential liability in the event payment card data from cards swiped at the point-of-sale is stolen from their payment network. Often casually (but incorrectly) referred to as “PCI fines and penalties,” the … Continue Reading

New PCI Guidance Provides Businesses With Security Incident Response Assistance

A security event involving payment card data, especially card present data, can be one of the most costly events a company may face. Not only did a recent study report the average total cost of a data breach as $3.8 million, large payment card incidents such as those that occurred at Target and Home Depot … Continue Reading

Visa Loses Motion to Dismiss in Genesco Case – Are the Days for PCI Assessments Numbered?

Co-Authored by: Judy Selby In a highly anticipated decision, a federal court in Tennessee let stand a retailer’s claims against Visa for violation of California’s Unfair Competition Law (UCL) and for common law claims for unjust enrichment and restitution arising out of fines and assessments levied by Visa in the wake of a massive data … Continue Reading
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