Gregg Steinhafel

Target will pay $18.5 million in settlement with states over 2013 data breach

Target will pay $18.5 million in settlement with states over 2013 data breach

Target Corp. will pay $18.5 million to 47 states, including California, and the District of Columbia as part of a settlement over a 2013 data breach that compromised tens of millions of customers’ credit and debit card information.

California will receive more than $1.4 million from the settlement, the largest amount of any state, according to California Atty. Gen. Xavier Becerra. His office said that money would be used toward enforcing consumer protection laws.

“Families should be able to shop without worrying that their financial information is going to get stolen, and Target failed to provide this security,” Becerra said in a statement. “This should send a strong message...

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