Thursday, March 12, 2015

Target Says Credit Card Data Breach Cost It $162M In 2013-14

From TechCrunch:

Target Says Credit Card Data Breach Cost It $162M In 2013-14

When it comes to data breaches, retailers are one of the biggest targets these days, and today we have some detail on the costs around one of the more high-profile attacks. Target today said that it has booked $162 million in expenses across 2013 and 2014 related to its data breach, in which hackers broke into the company’s network to access credit card information and other customer data, affecting some 70 million customers.

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