Heartland Payment Systems will pay Visa credit and debit card issuers up to $60 million to compensate for losses incurred during Heartland's 2008 data breach.

"Heartland's settlement with Visa is the second the company has announced in the past month," notes Computerworld's Grant Gross. "Heartland agreed to pay American Express $3.6 million in a settlement announced in December."

"The Visa/Heartland settlement agreement will go into effect after 80% of the eligible card issuers accept the deal," Gross writes.

Click here to read the Computerworld story.