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CardSystems Solutions Settles FTC Charges
Posted on Feb 27, 2006 by Tom Fragala
Payments News is reporting that CardSystems, responsible for a huge data breach, is settling with the FTC.
The Federal Trade Commission has announced that CardSystems Solutions, Inc. and its successor, Solidus Networks, Inc., doing business as Pay By Touch Solutions, have agreed to settle Federal Trade Commission charges that CardSystems' failure to take appropriate security measures to protect the sensitive information of tens of millions of consumers was an unfair practice that violated federal law.
Payments News: CardSystems Solutions Settles FTC Charges.
Filed under: Identity Theft
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