The Credit Union National Association says the breach of customer data at Home Depot earlier this year cost Ohio credit unions more than a million dollars.
The Columbus Dispatch reports Ohio credit unions spent $1.3 million handling the data breach, based on a survey of credit unions. The money went toward reissuing cards, handling fraud and covering other breach-related costs.
Home Depot, the country’s largest home improvement retailer, confirmed earlier this year that malicious software in its check-out terminals between April and September had affected millions of debit and credit cards nationally.
About 165,000 debit and credit cards of Ohio credit-union members were comprised due to the breach.
Topics Ohio
Was this article valuable?
Here are more articles you may enjoy.
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War 
Axios Software Tool Used by Millions Compromised in Hack 
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati 
Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses 
