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Target’s Data Breach Is Going To Cost The Company Even More Than It Previously Thought

Posted on August 5, 2014 by Dissent

Myles Udland reports:

Target’s data breach  just got more expensive.

In a statement, the retailer said its second quarter earnings will include a $148 million charge related to losses regarding the massive data breach which occurred during last year’s holiday shopping season. This is more than the company previously estimated.

Read more on BusinessInsider

Category: Business SectorHackU.S.

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