Compliance was already on every manager’s mind before Heartland Payment Systems reported that a breach early this year cost it $12.6 million during Q1, 2009 in expenses and accruals.
Of those costs, $6 million were in fines from MasterCard and almost $1 million from Visa for alleged failures in PCI compliance.
via Heartland Hit With $12M Breach Tab – InternetNews.com.