Target Breach Costs Could Total $1Bn

"The data breach at Target that affected 70 million US consumers has cost the retail giant $162 million in 2013 and 2014, and could end up totaling $1 billion or more in damages before all is said and done.

During its fourth-quarter earnings call, the big-box behemoth said that it booked $4 million related to the breach in Q4, and $191 million in gross expenses for 2014. It also spent $61 million gross for 2013."

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