Lets see. Visa International quotes compromised account fines to start at $5000 per occurrance for merchants. Those merchants are supposedly unsafe and are required to run compliance checks.
So, lets see, 22 million accounts at $5000/ (ignoring for a moment the fact that after 50 fraudulent accounts Visa does step up the fines), we run into a pretty large number. I believe $110 billion in fines.
Visa has levied a $50k/day fine.
Yeah, they know where the real security problems are.
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