Target to Pay $18.5 Million to Settle States’ Claims from 2013 Data Breach May 24, 2017 By Sruthi Ramakrishnan and Nandita Bose Target Corp. on Tuesday agreed to pay $18.5 million to settle claims by 47 states and the District of Columbia...
Corporations Have ‘Alarmingly High’ Failure Rate with Their Cyber Defenses: Accenture November 2, 2016 By Matthew Kalman About one-third of targeted attempts to breach corporations’ cyber defenses succeed but three-quarters of executives remain unaccountably confident in their...
Data Theft by Employees Affects 69% of Businesses: Accenture Survey June 27, 2016 As businesses spend billions of dollars a year trying to protect their data from hacking that’s costing trillions, they face...
Israeli Cyber Security Business Foundry, Team8, on Track to Build 5 Firms by 2020 February 26, 2016 By Gwen Ackerman Team8, a cyber security business foundry created by veterans of the Israeli army’s technology and intelligence unit 8200, said it...
Judge Allows Class Action by Banks Against Target Over Data Breach September 16, 2015 By Christie Smythe Hundreds of banks and credit unions can band together to pursue damages from Target Corp. over a 2013 hacking attack...
Target Avoids SEC Penalties Over 2013 Breach August 27, 2015 By Matt Robinson The U.S. Securities and Exchange Commission won’t pursue an enforcement action against Target Corp. after hackers stole data on 40...
Target Agrees to Settle Data Breach Claims with Visa August 19, 2015 Target Corp. said it has reached an agreement with Visa Inc. card issuers to reimburse up to $67 million in...
Banks Scuttle MasterCard Settlement with Target Over Data Breach May 26, 2015 By Joseph Ax A proposed $19 million settlement between MasterCard Inc. and Target Corp. over the retailer’s 2013 data breach fell through after...
Target to Pay MasterCard Banks $19M to Settle Data Breach Claim April 16, 2015 Target Corp. said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that...
Target Agrees to Pay $10 Million to Settle Consumers’ Data Breach Claims March 19, 2015 Target Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge...