Target Settles 2013 Hacked Customer Data Breach For $18.5 Million

Started by walkstall, May 26, 2017, 06:44:30 PM

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walkstall



snip~
Retail giant Target agreed this week to pay $18.5 million to settle claims by 47 states and the District of Columbia and resolve a multi-state investigation into a massive data breach in late 2013.

more @
http://www.nbcnews.com/business/business-news/target-settles-2013-hacked-customer-data-breach-18-5-million-n764031?cid=par-xfinity_20170527
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

supsalemgr

Quote from: walkstall on May 26, 2017, 06:44:30 PM

snip~
Retail giant Target agreed this week to pay $18.5 million to settle claims by 47 states and the District of Columbia and resolve a multi-state investigation into a massive data breach in late 2013.

more @
http://www.nbcnews.com/business/business-news/target-settles-2013-hacked-customer-data-breach-18-5-million-n764031?cid=par-xfinity_20170527

And guess who gets the bulk of the settlement money?
"If you can't run with the big dawgs, stay on the porch!"

walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Hoofer

All I got was a stinkin' letter, telling me my credit card was compromised.
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...

supsalemgr

Quote from: Hoofer on May 27, 2017, 05:04:37 PM
All I got was a stinkin' letter, telling me my credit card was compromised.

Not surprised. Most class action lawsuits are for the revenue enhancement for lawyers.
"If you can't run with the big dawgs, stay on the porch!"

Hoofer

Quote from: supsalemgr on May 28, 2017, 04:16:02 AM
Not surprised. Most class action lawsuits are for the revenue enhancement for lawyers.

It's a money transfer system. 

I pay retailers higher prices - the retailer pays higher premiums to the Insurance company - the Insurance company pays lawyers (repeat).   In effect, the lawyers just got a settlement from ME!
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...

walkstall

Quote from: Hoofer on May 29, 2017, 08:12:13 AM
It's a money transfer system. 

I pay retailers higher prices - the retailer pays higher premiums to the Insurance company - the Insurance company pays lawyers (repeat).   In effect, the lawyers just got a settlement from ME!

So what your saying is the lawyers get $18 Million and the customers split the .5 Million.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Hoofer

Quote from: walkstall on May 29, 2017, 09:29:48 AM
So what your saying is the lawyers get $18 Million and the customers split the .5 Million.

not exactly, the lawyers get it all, we "customers" have the satisfaction of Target getting "Targeted".
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...