A federal judge in Georgia has ruled that the class action lawsuit filed by banks against Home Depot over Home Depot’s massive 2014 breach may proceed. The judge ruled that the banks’ allegations of negligence on Home Depot’s part appear to have merit. That is probably not a great start for Team Home Depot. The […]
Continue reading → [DISPLAY_ACURAX_ICONS]In late 2014 Home Depot announced that hackers compromised their security and stole 50 million credit cards and another 50 million loyalty cards. 18 months later, there are still three class action lawsuits pending. One is close to settling. In a recent 10-K filing with the SEC, Home Depot said that they had spent over […]
Continue reading → [DISPLAY_ACURAX_ICONS]Home Depot reported today that it spent $43 million in it’s third quarter dealing with the fallout of it’s security breach earlier this year. Of the $43 million, $15 million will be paid for out of its $100 million cyber liability policy. From the press release: The retailer warned that it expects “to incur significant […]
Continue reading → [DISPLAY_ACURAX_ICONS]According to an article in ARS technica this past weekend, Home Depot has some interesting factoids in their security background. Just to be clear, this is only one side of the story, and I suspect they are neither the best nor the worst when it comes to security – but I don’t have any insider […]
Continue reading → [DISPLAY_ACURAX_ICONS]Home Depot released a press release today providing some more details on the recent and until now ongoing credit card breach. The good news is that the breach primarily affected self checkout stations between April and September of this year. Home Depot likely has a pretty good security department which means that this malware must […]
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