Target data breach News

Target, States Reach $18.5M Settlement for Massive 2013 Data Breach

Target Corp. has reached an $18.5 million settlement over a massive data breach that occurred before Christmas in 2013, New York’s attorney general announced Tuesday. The agreement involving 47 states and the District of Columbia is the largest multistate data …

Banks Can Sue Target as Group Over Cyber Attack

Hundreds of banks and credit unions can band together to pursue damages from Target Corp. over a 2013 hacking attack that compromised as many as 40 million payment cards. The ruling Tuesday by U.S. District Judge Paul Magnuson in St. …

SEC Determines No Enforcement Action Over Target’s Data Breach

The U.S. Securities and Exchange Commission won’t pursue an enforcement action against Target Corp. after hackers stole data on 40 million credit and debit cards during the 2013 holiday shopping season, according to a regulatory filing. The agency finished its …

Target Agrees to Pay Visa Cardholders Almost $67M Over Data Breach

Target Corp said it has reached an agreement with Visa Inc card issuers to reimburse up to $67 million in costs related to a data breach at the retailer in 2013, according to a source familiar with the matter. The …

Target Announces $19M Data Breach Settlement With MasterCard

Target Corp said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that were a part of the massive data breach at the retailer in 2013. The amount under the settlement with MasterCard …

Target Plans to Settle Data Breach Claims That Impacted 100M

Target Corp. agreed to settle with more than 100 million customers whose personal information may have been breached in a database hack in 2013, among the biggest to hobble retailers and banks in recent years. Others victimized by cyber assaults …

Companies Test Employees on Hacking Vunerability

Are you a hack waiting to happen? Your boss wants to find out. High-profile hacks have companies on the defensive, trying to prevent becoming the next Sony Pictures or Anthem. And data shows phishing emails are more and more common …

Study Provides Model for Responding to Large-Scale Data Breaches

Information systems researchers at the University of Arkansas, who studied the effect of two compensation strategies used by Target in reaction to a large-scale data breach that affected more than 70 million customers, have found that overcompensation of affected customers …

Judge Rejects Target’s Attempt to Dismiss Banks’ Suit Over Data Breach

A federal judge on Tuesday rejected Target Corp’s bid to dismiss a lawsuit by banks seeking to recoup money they spent reimbursing fraudulent charges and issuing new credit and debit cards because of the retailer’s late 2013 data breach. U.S. …

Target Names New Chief Risk and Compliance Officer

Target Corp. has named a General Motors executive to be chief risk and compliance officer as the retailer continues to overhaul its security department in the wake of last year’s massive data breach. The Minneapolis-based company said Jacqueline Hourigan Rice …