Vulnerabilities / Threats
3/17/2016
08:50 AM
50%
50%

Home Depot To Pay $19.5 Million In Data Breach Settlement

Home improvement chain agrees to pay for out-of-pocket losses incurred by US shoppers from 2014 data breach, and promises to improve its payment systems' data security.

Home Depot has settled a consumer lawsuit filed in the wake of its massive 2014 data breach that exposed payment card information of about 40 million customers and email addresses of up to 53 million people.

Terms of the initial agreement were disclosed earlier this month in court papers filed in a federal court in Atlanta, according to a Reuters report. The home improvement chain's settlement totals at least $19.5 million -- $13 million of which will compensate shoppers for the losses in connection with the data breach and around $6.5 million for identity protection services for 1 1/2 years for the cardholders.

Home Depot also pledged to beef up its data security over the a span of two years and to hire a CISO. "We wanted to put the litigation behind us, and this was the most expeditious path," Home Depot spokesman Stephen Holmes told Reuters. "Customers were never responsible for any fraudulent charges."

According to Reuters, at least 57 class-action lawsuits were filed in US and Canadian courts; the US cases were combined in the case in Atlanta.

See the Reuters article for more details.

 

 

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: Experienced reindeers wanted
Current Issue
Five Things Every Business Executive Should Know About Cybersecurity
Don't get lost in security's technical minutiae - a clearer picture of what's at stake can help align business imperatives with technology execution.
Flash Poll
Dark Reading Strategic Security Report: The Impact of Enterprise Data Breaches
Dark Reading Strategic Security Report: The Impact of Enterprise Data Breaches
Social engineering, ransomware, and other sophisticated exploits are leading to new IT security compromises every day. Dark Reading's 2016 Strategic Security Survey polled 300 IT and security professionals to get information on breach incidents, the fallout they caused, and how recent events are shaping preparations for inevitable attacks in the coming year. Download this report to get a look at data from the survey and to find out what a breach might mean for your organization.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-7445
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

CVE-2015-4948
Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

CVE-2015-5660
Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

CVE-2015-6003
Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

CVE-2015-6333
Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio
Security researchers are finding that there's a growing market for the vulnerabilities they discover and persistent conundrum as to the right way to disclose them. Dark Reading editors will speak to experts -- Veracode CTO and co-founder Chris Wysopal and HackerOne co-founder and CTO Alex Rice -- about bug bounties and the expanding market for zero-day security vulnerabilities.