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Adobe Plans to Settle Breach Lawsuit

Adobe Systems is moving to settle a class-action lawsuit that was filed in the wake of a series of data breaches it first disclosed in October 2013. The breaches reportedly led to the compromise of more than 38 million customer accounts, including details relating to an estimated 3 million payment cards. Adobe signed a memorandum in February 2015, agreeing to settle the lawsuit in return for all related claims being dismissed. A judge has granted preliminary approval to a $10 million settlement agreement between Target and consumers affected by its massive 2013 data breach.”]

Source: https://www.cuinfosecurity.com/adobe-plans-to-settle-breach-lawsuit-a-8174

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