May 242017

Stephen Joyce reports:

Target Corp. will pay $18.5 million to settle state enforcement actions over the retailer’s payment card hacking breach that affected as many as 60 million customers during the 2013 winter holiday shopping season, a coalition of 47 state attorneys general announced May 23.

The settlement capped an investigation led by Illinois Attorney General Lisa Madigan (D) and Connecticut Attorney General George Jepsen (D), and is the largest multi-state data breach settlement achieved ever, according to a statement from Madigan’s office.

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