Target’s breach-related expenses not covered by insurance have totaled $162 million so far. The retailer’s data breach exposed 40 million payment cards and personal information on 70 million customers. Experts say the breach could continue to have a financial impact for years to come. Forrester Research: “Litigations like what we are seeing in federal court in Minnesota could drag this painful breach on for quite some time” In late 2014, a federal judge ruled that class action lawsuits brought by several banking institutions and consumers impacted by the data breach could move forward.”]
Source: https://www.cuinfosecurity.com/target-breach-costs-162-million-a-7951