Target and MasterCard say they’ve agreed to settle lawsuits over the discounter’s pre-Christmas 2013 massive data breach. Target said late Wednesday it has set aside up to $19 million pretax for MasterCard issuers who were caught in the data breach that compromised 40 million credit and debit card accounts between Nov. 27 and Dec. 15, 2013.
Minneapolis-based Target has agreed to pay $10 million to settle a class action lawsuit after the massive 2013 data breach. While Target has agreed to pay, it still needs to be approved by a federal judge. This could happen later Thursday morning.
A nurse with a history of narcotics theft illegally accessed a state database that contains prescription drug records for 1 million Minnesotans, all under the supervision of government entities that cost taxpayers hundreds of millions of dollars annually.
The Minnesota Department of Commerce says that health insurer Anthem, Inc. has reported that the social security numbers of more than 200,000 Minnesotans and the personal information of another 100,000 have been compromised.
Metropolitan State University in St. Paul is investigating a data breach that may have involved employee’s Social Security numbers. The university said it recently learned that one of its servers had been hacked.
A federal judge has ruled that customers suing Target for last year’s data breach will be able to move forward with their claims. Target also reportedly faces lawsuits from banks hit by the data breach.
It was this time last year when we first learned about a data breach at Target stores nationwide.
The Grand Casino Mille Lacs says approximately 1,600 card transactions were accessed by an unauthorized person and used for fraudulent transactions.
Dairy Queen says that its payment systems were breached by hackers who may have gained access to customer names, credit and debit card numbers and expiration dates.
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Card data of Supervalu and Albertsons shoppers may be at risk in another hack, the two supermarket companies said Monday.
Popular sandwich chain Jimmy John’s seems to be the latest victim of a national data breach involving customers’ credit and debit cards.
Target’s New CEO, Brian Cornell, says the Minneapolis company needs to be cool again.
Edina-based Dairy Queen is the latest company hit by cyber criminals, as an undisclosed number of stores have reportedly been hit by a data breach. Information including customers’ credit and debit card data may have been lifted.
TA data breach at Supervalu may have impacted as many as 200 of its grocery and liquor stores and potentially affected retail chains recently sold by the company in two dozen states.
Target is lowering its forecast for its second quarter because of costs related to a massive data breach and the repayment of debt.
Target Corp.’s final shareholder vote tally is showing some dissent against key board members. All 10 nominees were elected to the board Wednesday at the discounter’s annual shareholders’ meeting.
Target says its shareholders approved all 10 nominees to the company’s board of directors despite recommendations from a prominent proxy advisory firm to get rid of the majority in the wake of a data breach. Institutional Shareholder Services last month targeted those members who serve on the company’s audit and corporate responsibility committee.
Target Corp. has named Brad Maiorino as chief information security officer as the company overhauls its security department in the wake of a massive data breach. The nation’s third-largest retailer, based in Minneapolis, said Tuesday that Maiorino will join the company Monday and be responsible for the company’s information security and technology risk strategy.
A prominent proxy advisory firm is recommending that Target shareholders vote out seven of its 10 board members after a massive data breach. Institutional Shareholder Services on Wednesday targeted those members who serve on the company’s audit and corporate responsibility committee.
Former Target CEO Gregg Steinhafel’s total pay fell 35 percent to $13 million in his last year at the helm as the company’s board revamped compensation plans amid complaints from shareholders that he was paid too much, according to a regulatory filing.
Earlier this week Target’s CEO Gregg Steinhafel stepped down after the massive data breach that occurred last fall. Target named an interim CEO, John Mulligan, a Wisconsin native and University of Minnesota alumnus. Mulligan graduated from Regis High School in Eau Claire in 1983.
Central Texas police have arrested a man accused of using a fraudulent credit card at a Target department store.
Target’s massive data breach has now cost the company’s CEO his job. Target announced Monday that Chairman, President and CEO Gregg Steinhafel is out nearly five months after the retailer disclosed the breach, which has hurt its reputation among customers and hammered its business.
Target hired a new chief information officer to help overhaul its data security systems in the wake of a massive pre-Christmas data breach. The Minneapolis-based discounter said Tuesday that it named outsider Bob DeRodes, who has 40 years of experience in information technology and replaces Beth Jacob.