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Daily Dashboard | $975K Settlement for Breach Related reading: On the pitfalls of reputation economics

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Certegy Check Services will pay $850,000 to the state of Florida for a 2007 data breach that impacted nearly six million personal records, SC Magazine reports. The payment will reimburse investigative and legal expenses incurred by the state attorney general's office. In addition, the company will pay $125,000 to fund a statewide crime prevention program and will be required to undergo third-party security audits for a period of five years. Certegy settled a consumer class-action lawsuit related to the breach in 2008. In 2007, a former Certegy employee admitted to stealing the records. He is serving a 57-month sentence in federal prison, according to the report.

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