Target could soon settle data breach lawsuit for $10 million
Target could soon settle data breach lawsuit for $10 million"
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Court documents filed Wednesday in Minnesota show that Target Corp. could soon settle a class-action lawsuit filed after the company's 2013 data breach. A $10 million fund will be
established for people affected by the data breach, and victims will be eligible for up to $10,000 in compensation, _USA Today_ reports. The settlement's terms were agreed upon on March
9, but must still be approved by a federal judge. As many as 110 million people were hit by the breach, in which hackers stole encrypted PIN data, customer names, credit and debit card
numbers and expiration dates, and the embedded code on the back of the card. A free daily email with the biggest news stories of the day – and the best features from TheWeek.com SUBSCRIBE TO
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