Debit Card Breach: The No Disclosure Regime

  Image Source: Article

Image Source: Article

In 2012, a U.S. based payment processing firm Global Payments identified and self-reported a breach that had affected approximately 1.5 million cards. The CEO issued a public apology and the company also set up a website -www.2012infosecurityupdate.com - that gave consumers information on the extent and nature of the breach and remedial measures taken.

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