Home Depot’s $19.5 million settlement with consumers affected by 2014 payments breach is unlikely to have much impact on pending class-action suit filed by banking institutions against the big box retailer in May 2015 to recoup breach-related expenses. An estimated 40 million consumers had their payment cards compromised in the Home Depot breach. The breach was caused by the compromise of a third-party vendor’s credentials that were used to launch a point-of-sale malware attack against the retailer’s payments system. The company also plans to “adopt and implement” new data security measures.”]
Source: https://www.bankinfosecurity.com/how-will-home-depot-consumer-settlement-affect-banks-a-8953