Author Topic: Target to Pay $18.5 Million to 47 States for 2013 Data Breach  (Read 45 times)

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Offline Gilbert

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Target to Pay $18.5 Million to 47 States for 2013 Data Breach
« Reply #1 on: May 25, 2017, 02:16:25 AM »
Target to Pay $18.5 Million to 47 States for 2013 Data Breach
24 May 2017, 11:33 pm

Target has reached a settlement with the Attorneys General of 47 states regarding the data breach it suffered in 2013, agreeing to pay a mere $18.5 million. 

The Attorneys General who led the investigation - for Illinois and Connecticut - will determine how much each state will receive. The money will be used for various purposes, like covering attorney fees and investigation costs. 

The settlement also states that Target will implement an information security program, as the company has promised to take both administrative and technical measures to properly secure its systems and customer data. 

More security

The company will also have to make sure it separates card data from the rest of the network, so it is kept safe in case of another data breach. It also has to implement two-factor authentication, run proper encryption policies and so on. ... (read more)

Source: Softpedia News / Security

>> To obtain the full Softpedia Security News article, click the link in the first post line <<

 


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