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Home Depot breach cost credit unions almost $60M

Check the guide to security freeze protection from Consumers Union, the policy. on the way to victims of the Home Depot breach. Don’t wait for your bank to do the same. Initiate the call yourself.

The data security breach at Home Depot stores in September cost credit unions nearly $60 million to reissue cards, deal with fraud and cover other costs, according to the results of a new survey.

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WASHINGTON, Dec 31, 2014 (BUSINESS WIRE) — National Association of Federal Credit Unions () President and CEO Dan Berger renewed the association’s push for national data security and breach.

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Credit unions have spent nearly $60 million to reissue cards, deal with fraud and cover other costs as a result of the breach, according to the Credit Union National Association.

third bill, S. 2727, the Cyber Information Sharing Tax Credit Act, might. 6 Nicholas Ballasy, “Home Depot Breach Costs CUs $60 M,” Credit.

total cost of credit on cards issued by subprime specialist credit card.. $60M. $80M. $100M. $120M. 2008. 2009. 2010. 2011. 2012. 2013. 2014.. Home Depot Data Breach Cost Credit Unions Nearly $60 Million, (Oct. 30,

he Home Depot data breach cost credit unions almost $60 million, nearly twice as much as the Target breach, according to survey results released by CUNA Oct. 30. In the survey conducted from Oct. 1 to Oct. 24, 835 credit unions reported that 7. 2 million credit union debit and credit cards were affected by the breach.

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As for Target, the company reported yesterday (Feb. 25) that the total breach expenses incurred from its massive data breach amounted to $162 million (2013 and 2014 figures combined). For Target’s fourth quarter, it incurred $4 million worth of breach-related expenses.

Home Depot breach cost credit unions almost $60M. you by NOT giving you a 100+ list of things that stopped making money back when we dial-up was the new kid on the block.home depot breach Cost CUs $60 Million. The survey found that, in addition to the total cost to cover expenses tied to the.

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