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BRIEF-NY Attorney General announces $18.5 mln multi-state settlement with Target over 2013 Data Breach
May 23, 2017 / 3:57 PM / 4 months ago

BRIEF-NY Attorney General announces $18.5 mln multi-state settlement with Target over 2013 Data Breach

May 23 (Reuters) - New York Attorney General Eric T. Schneiderman:

* Says 47 states and the District of Columbia have reached a $18.5 million settlement with Target Corp

* Says settlement with Target Corp to resolve states’ investigation into co’s 2013 data breach

* Says settlement requires Target to develop, implement, maintain a comprehensive information security program

* Says settlement requires Target to employ executive/officer responsible for executing plan regarding information security program

* Says Target is also required to hire an independent third-party to conduct a comprehensive security assessment

* Says agreement with Target also requires co to segment its cardholder data from rest of its computer network

* Agreement requires Target to take steps including implementing password rotation policies, two-factor authentication for some accounts Source text (on.ny.gov/2rx2MT5) Further company coverage:

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