(Bloomberg) – Target Corp. agreed to pay $18.5 million to settle investigations by dozens of states over a 2013 hack of its database in which the personal information of millions of customers was stolen.
It's the largest multistate accord ever reached over a data breach, according to New York Attorney General Eric Schneiderman. The hack, which occurred during the busy holiday shopping season in late 2013, affected more than 41 million customer payment-card accounts and exposed contact information of more than 60 million customers.
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