Skip to main content

Judge approves $10 million settlement in Target data breach lawsuit

Target is trying to put its hack in the past, and it got much-needed help from a federal judge, who gave preliminary approval to a $10 million settlement in the lawsuit against the retailer, reports the New York Times.

The lawsuit stems from Target’s data breach back in March of last year, which resulted in 40 million stolen credit cards. Meanwhile, personal email and mailing addresses were stolen from as many as 70 to 110 million people. Target admitted that it received warning signs prior to the data breach, but failed to act on them.

Recommended Videos

Documents filed with the United States District Court in Minnesota revealed each affected shopper could be paid up to $10,000 in damages, though victims of the hack have to fill out a form to make their claims. The forms will then be processed through a dedicated website that should pop up in the near future.

The settlement proposal also requires Target to hire a chief information security officer, and maintain a written information security program to incorporate new data security measures. At this point, Target just wants to put all of this behind it.

“We are pleased to see the process moving forward and look forward to its resolution,” said Target spokeswoman Molly Snyder.

Judge Paul A. Magnuson will have a final hearing on the settlement on November 10, so customers will be able to file objections to the terms of the settlement.

Williams Pelegrin
Williams is an avid New York Yankees fan, speaks Spanish, resides in Colorado, and has an affinity for Frosted Flakes. Send…
Personal data of 69 million Neopets users is now up for sale after a data breach
Person typing on a computer keyboard.

Neopets, an aged website that lets users keep virtual pets and take care of them, just suffered a major data breach. Aside from the personal data of over 69 million users, the hacker was able to obtain the website's source code.

This isn't the first time Neopets has faced a massive leak, but this time around, user data is currently being sold for crypto -- and the leak includes more than just usernames and passwords.

Read more
Hacker steals 1 billion people’s records in unprecedented data breach
A depiction of a hacker breaking into a system via the use of code.

An anonymous hacker has stated that he has successfully infiltrated the Shanghai police department’s database. In doing so, he apparently extracted personal information of a staggering one billion Chinese citizens.

The individual, 'ChinaDan', took sole responsibility for the data breach. As reported by Reuters and PCMag, he detailed the incident on hacker forum Breach Forums.

Read more
Hackers targeted AMD to steal huge 450GB of top-secret data
A depiction of a hacker breaking into a system via the use of code.

A data extortion group known as RansomHouse has asserted that it has stolen upwards of 450GB of sensitive data from AMD.

Team Red has since confirmed that it launched an investigation into the matter after the situation came to light.

Read more