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Target set a record for the largest ever settlement for a data breach. Veuer’s Nick Cardona (@nickcardona93) has that story.
Buzz60
Arizona has joined an $18.5 million settlement with Target Corporation to conclude a multistate investigation into the company’s 2013 data breach, state Attorney General Mark Brnovich said Tuesday in a press release.
Arizona joins 46 other states and the District of Columbia in the settlement.
“We will continue to investigate data breaches and work to help protect hardworking Arizonans from all forms of identity theft,” Brnovich said in the statement.
Arizona will receive $312,756 as its share from the settlement. Along with the monetary payment, Target also has agreed to maintain a security program and hire a third-party to assess it. In addition, Target must maintain the proper technology to handle customer card protection.
The investigation into the 2013 data breach showed hackers stole Target’s credentials through a third-party vendor and accessed a customer-service database to install malware and capture data.
Consumer data compromised included full names, email addresses, telephone numbers, mailing addresses and payment card numbers among other information.
The data breach impacted more than 41 million customer payment card accounts and more than 60 million customers’ contact information.
The attorney general’s news release did not provide details on how Arizona’s settlement share will be managed.
READ MORE:
Target to pay largest-ever settlement for data breach
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