Target credit card breach News

Target Agrees to Pay $10 Million to Settle Consumers’ Data Breach Claims

Target Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, court documents show. Under the proposal, which requires federal …

Target: Retailer Owes No Duty to Banks in Data Breach

A Target Corp. lawyer told a judge that the company had no legal obligation to banks that claim to have lost tens of millions of dollars after a hack last year on the retailer’s payment processing systems. Target didn’t have …

Target’s Cyber Insurance Softens Blow of Massive Credit Breach

Target Corp. shares made strong gains after it reassured investors that customers were beginning to return to its U.S. stores, suggesting that the impact of a massive data breach may not be as severe as some had feared. The third-largest …

Officials Suspect 2 Nabbed in Texas Linked to Target Fraud Case

Two Mexican citizens who were arrested at the border used account information stolen during the Target security breach to buy tens of thousands of dollars’ worth of merchandise, according to a South Texas police chief. But a spokesman for the …

State Laws Provide Leeway For Businesses Reporting Data Breaches

A decade of lawmaking by U.S. states to ensure consumers are told when their data has been hacked still lets companies such as Target Corp. wait weeks or even months to disclose security breaches. Forty-six of 50 U.S. states have …

Credit Card Breach Update: Neiman Marcus Investigated; Target Sued by Bank

Neiman Marcus Group Ltd. is being investigated by states including Connecticut and Illinois over the theft of customer credit-card data by hackers, and a bank sued Target Corp. for its data breach during the holiday season. Connecticut Attorney General George …

Companies More Vulnerable to Cyber Breaches Around New Year

A string of cyber attacks over the holidays — involving Snapchat Inc., Microsoft Corp.’s Skype and Target Corp. — underscore how companies tend to be more vulnerable to hacking during the end-of-year season. Snapchat saw data for 4.6 million of …

JPMorgan Botched Mailing of Replacement Cards in Conn. After Cyber Attack

JPMorgan Chase & Co. mailed incorrect replacements for payment cards to about 4,000 people for the state of Connecticut after personal data stored at the bank was accessed in a cyber attack this summer. The bank made the mistake as …

Overseas Hackers Suspected in Target Breach; Stolen Data Reported Selling Online

Investigators believe that overseas hackers were responsible for the cyber attack on U.S. retailer Target Corp. that compromised up to 40 million payment cards during the first three weeks of the holiday shopping season, a person familiar with the matter …

Insurance Questions, Lawsuits Arise in Wake of Target’s Data Breach

U.S. retail giant Target Corp. is busy dealing with the aftermath of the massive data breach that exposed account details of some 40 million credit and debit cards. Already, at least two lawsuits seeking class-action status have been filed against …