Home Depot offers $19M to settle customers’ hacking lawsuit The 2014 hack of the home-improvement retailer’s payment systems exposed more than 50 million credit card accounts. More than 50 million Home Depot customers’ credit cards were exposed to theft in a massive hack in 2014. Home Depot says it’s willing to pay as much as $19.5 million to settle a class-action lawsuit brought by shoppers …
Home Depot creates $19.5M fund to settle breach class action suit Under the terms the company would create a $13.5 million fund to reimburse customers for their out-of-pocket losses. Home Depot has created a $19.5 million fund to settle a class action suit related to the 2014 breach that affected about 56 million of the home improvement chain’s customers. Home Depot filed papers Monday with the …
Home Depot’s security breach 18 months ago was hugely embarrassing for the company, and only now is it coming near to finally bringing the matter to a close. The retail giant said Tuesday it’s agreed to pay a minimum of $19.5 million in compensation to customers caught up in the incident that saw cybercriminals nab payment card information and email addresses belonging to tens of millions of …
Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses, and spend at least $6.5 million to fund 1-1/2 years of cardholder identity protection services. Home Depot also agreed to improve …