Target data breach: Retail giant agrees to $18.5m settlement with 47 states over massive 2013 breach

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Retail giant Target has agreed to pay a whopping $18.5m (£14.25m) settlement with 47 US states and the District of Columbia over a massive 2013 data breach that affected tens of millions of people. In one of the biggest data breaches to hit a US retailer, hackers stole the payment card data of more than 41 million shoppers as well as the contact information of over 60 million customers.

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