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
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