Target agrees to pay $10 million to settle data breach lawsuit

US retailing giant Target has proposed a settlement worth $10 million (about £6.7 million) in respect of a class-action lawsuit related to the massive data breach it experienced in 2013.

The data breach happened between Black Friday and Christmas that year and saw the theft of around 40 million credit and debit card accounts, as well as a further 70 million customer records containing information that included customer names, addresses, phone numbers and email addresses….

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