Target Faces Lawsuits over Data Breach
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Alex Wong/Getty Images(NEW YORK) — Retail giant Target is being sued for the data theft of nearly 40 million credit and debit card accounts.
Two class action lawsuits have been filed in California and another one was filed in Oregon.
State officials in Connecticut, Massachusetts, New York and South Dakota are also launching inquiries into a possible multiple-state investigation.
Last week, Target acknowledged that data connected to about 40 million credit and debit card accounts was stolen as part of a breach that began over Thanksgiving weekend.
“The unauthorized access may impact guests who made credit or debit card purchases in our U.S. stores from Nov. 27 to Dec. 15, 2013,” the retailer said in a notice posted online.
“We have determined that the information involved in this incident included customer name, credit or debit card number, and the card’s expiration date and CVV,” it added.
Over the weekend, Target offered a 10 percent discount at all of its stores in the U.S. The company is also providing at-risk customers free credit monitoring in the wake of this incident.
Meanwhile, on Saturday, JPMorgan Chase and Co. said it is notifying customers who used Chase debit cards at Target in the security breach time period that they are limited to $100 a day of cash withdrawals and $300 a day of purchases with their cards, affecting about two million accounts, or 10 percent of Chase debit cards.
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