Tag Archives: Target

Target pays price for poor security

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The US retail behemoth Target has agreed to pay $18.5m as compensation for the 2013 data breach that affected over 60m of its customers and 41m payment card accounts across 48 states. Hackers used stolen credentials to exploit weaknesses in the company’s system, allowing them to infiltrate a customer service… Read more »

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Target to pay out $10m following 2013 breach

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Following the large data breach it suffered in 2013, American department store Target has agreed to pay out $10m in damages to consumers. Pending court approval of the deal, each claimant will get up to $10,000. Part of the settlement also requires the company to improve its data security and… Read more »

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Target data breach victims soars up to 110m

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This week, Target revealed that information has been stolen from as many as 110m customers in it’s pre-Christmas data breach. This number is substantially more than the amount that Target initially said were affected. The chain also indicated its sales have been hurt by the breach, cutting its forecast for fourth-quarter… Read more »

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