Cardholders Sue Global Payments Over Massive Data Breach

Law360, New York (April 6, 2012, 1:01 PM EDT) -- Global Payments Inc. was slammed in Georgia on Wednesday with the first class action stemming from the massive data breach that became public in late March, after Visa Inc. and MasterCard Inc. began warning cardholders that their account information may have been stolen.

The Atlanta-based company, which processes customers' credit and debit card transactions for retailers, did not adequately guard its computer systems, allowing hackers to steal cardholders' personal and financial information, according to a complaint filed in federal court by plaintiff Natalie Willingham.

Global Payments...
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