Home Depot Breach Costs Ohio Credit Unions $1.3M
The Credit Union National Association says the breach of customer data at Home Depot earlier this year cost Ohio credit unions more than a million dollars.
The Columbus Dispatch reports Ohio credit unions spent $1.3 million handling the data breach, based on a survey of credit unions. The money went toward reissuing cards, handling fraud and covering other breach-related costs.
Home Depot, the country’s largest home improvement retailer, confirmed earlier this year that malicious software in its check-out terminals between April and September had affected millions of debit and credit cards nationally.
About 165,000 debit and credit cards of Ohio credit-union members were comprised due to the breach.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Popular Today
- AccuWeather’s 2024 White Christmas Forecast Calls for Snow in More Areas
- Mississippi High Court Tells USAA to Pay up in Hurricane Katrina Bad-Faith Claim
- Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones
- Report: Wearable Technology May Help Workers’ Comp Insurers Reduce Claims
Popular This Month