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Target makes history with data breach settlement
Target Corp. has resolved its 2013 data breach with a deal that represents the largest multi-state data breach settlement in history. The retailer agreed to pay a total of $18.5 million to settle the case. The money will go to 47 states and the District of Columbia, with California receiving the largest share of the settlement, more than $1.4 million.
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Specialty retailer becomes target of cyber-attack
Brooks Brothers is the latest victim of a data breach. According to the specialty retailer, an unauthorized individual installed malicious software designed to capture payment card information on some of the chain’s payment processing systems. The software compromised payment card information across some purchases made at certain Brooks Brothers and Brooks Brothers Outlet retail locations in the United States and Puerto Rico.
