Esset Koyal Group Capital Management: Target, MasterCard reach $19m deal
by Rosella Smith
20 pages    564 reads    0 people's favorite    0 likes
Add as a Favorite      Like it
8.5"x11" - Perfect Bound - Softcover - Color - Photo Book
Price: $13.99
Add to Cart      Preview Book
Share Book    

About the Book

Target announced that it is about to finalize a deal with MasterCard that will reimburse banks around USD 19 million for expenses related to the former's massive security breach that compromised millions of credit card accounts.

It may be recalled that two years back, Target admitted to at least compromising 40 million credit card records due to a data breach during the peak of a holiday season. It was believed that the cyberattack endangered up to 110 million people by exposing their personal credentials like phone numbers and addresses. In a statement Esset Koyal Group Capital Management got, the cost of the settlement -- resulting from months of negotiations -- covers bank expenses associated with reissuing cards to affected customers.

Features & Details
Created on: Apr-22-2015   Published on: Apr-22-2015
Format: 8.5"x11" - Perfect Bound - Softcover - Color - Photo Book
Theme: Journal    Sales Term:  Everyone
Preview Limit: 20 Pages
Esset Koyal Group Capital Management    MasterCard reach $19m deal    Target   
About Author
Joined: Apr-22-2015

EKG CAPITAL MANAGEMENT, have been dedicated to valuing our clients and employees as the most important assets; and, we make sure to be ‘right there’ for them and for the whole industry the moment they need us. The kind of service we give has made us to be among the largest local independent accounting firms in Colorado.