Everyone remembers the Target
breach that happened in 2013. It was all over the news and millions of people
had to go through quite a bit of trouble to get new credit cards or hurry up
and freeze their accounts before anything was taken from them. Well apparently,
Target has come to an agreement with MasterCard to help pay for some of those
expenses. Target has agreed to pay MasterCard $19 million to cover the cost of
replacement cards, new account numbers, and cancellation of old the affected
accounts. So far, the agreement is only with MasterCard but Target is currently
trying to work something out with Visa as well. The breach affected 110 million
customers and 40 million credit cards. No one has been charged with the crime
as of late.
http://www.cnet.com/news/target-settles-with-mastercard-for-19m-over-data-breach/
This is an Amnesty Post for Week 2
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