Target in $39.4 million settlement with banks over data breach
Target Corp has agreed to pay $39.4 million to resolve claims by banks and credit unions that said they lost money because of the retailer’s late 2013 data breach.
The settlement filed on Wednesday resolves class-action claims by lenders seeking to hold Target responsible for their costs to reimburse fraudulent charges and issue new credit and debit cards.
Target previously said at least 40 million credit cards were compromised in the breach, and that as many as 110 million people may have suffered the theft of personal information such as email addresses and phone numbers. A Target spokeswoman said on Wednesday that 70 million people may have lost personal data.
Free Active Directory Assessment
Get Visibility Into Privilege And Service Account Exposure
For a limited time, Attivo Networks is providing free Active Directory Security Assessments to demonstrate how ADAssessor provides unprecedented and continuous visibility to AD vulnerabilities.
Try Our Endpoint Detection Net (EDN) for Free
FAST AND EASY
Free use offer of our Award-winning security solution to prevent attackers from lateral movement, credential theft, and privilege escalation, fast and easy.
ADSecure 90-Day Free Trial
GET PROTECTION AGAINST UNAUTHORIZED ACCESS TO ACTIVE DIRECTORY
- Hide and deny access to AD objects
- Get alerted on unauthorized queries
- Attack details easily viewable in dashboard
- Your data remains on-premise