Just how big was the Target data breach? At the height of the holiday shopping season, one of the nation’s biggest retailers, Target, announced approximately 40 million customer accounts had been compromised. They said consumer debit and credit card account information was stolen at the registers between the dates of Nov. 27 and Dec. Cyber-thieves obtained customer names, account numbers, and the three-digit security number on credit and debit cards. However, last week Target admitted the data breach was larger than it at first suspected, and may now include information from more than 70 million accounts, including customer addresses and emails.
Beasley Allen has filed two lawsuits related to the Target security breach, one on behalf of consumers whose information was compromised, and another on behalf of financial institutions that are dealing with expenses from closing customer accounts and reissuing credit and debit cards. Beasley Allen attorney Larry Golston, who works in the firm’s Consumer Fraud section, spoke to WSFA recently about the latest developments, noting that it is particularly worrying that Target either covered up or didn’t know the extent of its security breach.
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