Target data breach News

Home Depot Confirms Payment System Was Hacked

Home Depot Inc., the largest home- improvement chain, confirmed that hackers infiltrated its computer systems at stores in the U.S. and Canada. While payment systems were breached, there is no evidence that debit-card PINs have been compromised, the company said …

Target Lowers Data Breach Cost Estimates

Target has lowered its second-quarter forecast citing the promotional discounts it had to use to attract shoppers. The Minneapolis-based retailer also said Tuesday it expects gross expenses tied to a massive data breach this past winter to come to $148 …

Target’s Breach Giving Small Businesses False Sense of Security: Insureon

According to Insureon, a national insurance provider for small businesses, since December 19, 2013, when news broke about the Target data breach, businesses outside the information technology sector have been less likely to seek cyber liability insurance. In the months …

Payment System Attacks Trail Behind Other Cybercrimes

While Target’s massive data breach last year caused consumers to panic and drew attention to Internet crime, a new study finds that breaches on retailer payment systems are less common than other kinds of attacks. More than twice as many …

Target Data Breach Cases to Be Heard in Minnesota

The U.S. Judicial Panel on Multidistrict Litigation ordered that the many lawsuits that accuse Target Corp of failing to protect customers from a data breach will be consolidated in the retailer’s home state Minnesota. The order brings together 33 lawsuits …

Target Overhauls Data Security After Tech Chief Resigns

Target Corp. Chief Information Officer Beth Jacob is resigning effective Wednesday as the retailer overhauls its information security and compliance division in the wake of a massive pre-Christmas data breach. Target Chairman, President and CEO Gregg Steinhafel said in a …

Standards Sought in Data Breach Notification

U.S. Attorney General Eric Holder, citing the recent massive data theft at retailer Target Corp, urged Congress on Monday to enact a national standard for notifying consumers about such breaches. “This would empower the American people to protect themselves if …

Wisconsin Man and Bank File Class Action Lawsuit Against Target

A Wausau bank and a Fitchburg man have filed a class-action lawsuit against Target Corp. over last year’s massive security breach. Similar lawsuits have been filed in other states, but this is the first of its kind to be filed …

New Hopes for Data Breach Law Collide With Old Reality

Data thefts at U.S. retailers have rekindled enthusiasm in Congress for a single federal law on how customers should be notified about such breaches, but those efforts face the same roadblock as in the past: dozens of overlapping state laws …

Data Breach Pits Banks Against Retailers

Banks and America’s big retailers are locked in a debate over the massive breach of millions of consumers’ data that gripped Target Corp. during the holiday season. At issue: Which industry bears more responsibility for protecting consumers’ personal information? The …