Visa, MasterCard Win Battle Over Security Breach
A California judge ruled Friday that Visa USA and MasterCard don't have to send individual warnings to thousands of consumers whose personal account information was stolen during the breach at CardSystems earlier this year.
"I don't see the emergency," San Francisco Superior Court Judge Richard Kramer said in rejecting a request for an order against the nation's two largest credit card associations. "I don't think there is an immediate threat of irreparable injury" to consumers.
