The Premera Blue Cross data breach lawsuit, which alleges that due to Premera’s practices, cyberattackers were able to gain access to the personal information of 10.6 million individuals, including names, addresses, dates of birth, Social Security numbers, protected health information, telephone numbers, and the names of employers, has been settled.
In 2016, Home Depot agreed to pay $19.5 million to customers that had been affected by the breach, which included the cost of credit monitoring services to breach victims. Home Depot has also paid out at least $134.5 million to credit card companies and banks, and this week, a further $25 million settlement has been agreed to cover damages.
Equifax Inc. has agreed to pay a $700 million settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and 50 U.S. states and territories, which alleged that the credit reporting company’s failure to take reasonable steps to secure its network led to a data breach in 2017 that affected approximately 147 million people.
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. Home Depot also agreed to improve data security over a two-year period, and hire a chief information security officer to oversee its progress.
Home Depot settles data breach lawsuit for $19.5M. Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses,
(Reuters) — Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer.
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agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses, and spend at least $6.5 million to fund 1-1/2 years of cardholder identity protection services.
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Home improvement retailer Home Depot has agreed to pay some $19.5 million to U.S. customers affected by a 2014 data breach that compromised more than 50 million credit cards, according to court.