Payment System Breach Leaked Data of 1.7 Million, Lawsuit Says

Payment processor Slim CD Inc. failed to follow state and federal requirements to protect customers’ personal data, resulting in a breach that exposed the information of 1.7 million people, a proposed class action said.

The Florida-based provider didn’t take reasonable steps to protect its merchants’ clients’ data by implementing administrative, technical, or physical controls consistent with industry best practices, according to a complaint filed Tuesday in the US District Court for the Southern District of Florida.

The complaint claims Slim CD violated Florida’s Information Protection Act and the Florida Deceptive and Unfair Trade Practices Act.

The credit card-processing company handles ...