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Data breach costly for Target
Minneapolis – Target Corp. has released an estimate of costs related to its 2013 data breach.
In a 10-Q filing with the Securities and Exchange Commission (SEC), Target estimated it had incurred $168 million in liabilities and was eligible for $55 million in insurance reimbursements (as of August 1, 2015).
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Target explains chip cards to customers
New York -- Target Corp. has finished EMV conversion at the point-of-sale. And the retailer is letting customers in on the news.
The chain has posted an article, “Chip Cards at Target: Five Things You Need to Know Before You Check Out,” and related video on its blog.
In the posting, Target gives customers some advice for using chip cards, including that they leave the card in the card reader until prompted to remove it.

