The most customers ever hacked has ended in Target paying the biggest ever data breach settlement. ... Target also said the total cost A Target financial statement revealed the data breach cost Target $252 million. Target Pays Millions to Settle State Data Breach Lawsuits. Photograph by Getty Images. ... Target also said the total cost of the data breach had been $202 million. What a major data breach ... cost to credit unions and community banks for reissuing 21.8 million cards about half of the total stolen in the Target breach. Target also said the total cost of the data breach had been $202 million. On Tuesday, August 5, 2014 Target disclosed the final costs of its data breach and also changed its guidance on sales and earnings. Two years after the announcement of Target's data breach, Bluefin looks at the cost of a security breach and the growing importance of data breach protection. The Latest / Data Security News. The Never-Ending Story and Cost of Targets Holiday Data Breach. Data Breach costs associated with Target's incident response, legal fees and other activities as part of its massive credit card breach total $148 million. How Much Did The Target, Home Depot Breaches Really Cost? ... in the future for data breach-related claims. One analyst estimates Target will be on the hook for more than $1 billion tied to fraudulent charges stemming from its massive data breach over the holidays. C-level executives and business leaders need to understand the cost of a data breach to help guide their investments in security defense systems Two years after the announcement of Target's data breach, Bluefin looks at the cost of a security breach and the growing importance of data breach protection. One analyst estimates Target will be on the hook for more than $1 billion tied to fraudulent charges stemming from its massive data breach over the holidays. Data-breach costs take toll on Target ... costs related to the breach. Target said it can't yet estimate how much the data breach will cost it in total. IBM and the Ponemon Institute have released the "2015 Cost of Data Breach Study: Global Analysis," examining all aspects of organizational data breaches. Target today said that it has booked $162 million in expenses across 2013 and 2014 related to its data breach, in which hackers broke into the companys network to access credit card information and other customer data, Target said it can't yet estimate how much the data breach will cost it in total. But in the fourth quarter, it said the breach resulted in $17 million of net expenses, with $61 million of total expenses partially offset by the recognition of a $44 million insurance receivable. As for Target, the company reported yesterday (Feb. 25) that the total breach expenses incurred from its massive data breach amounted to $162 million (2013 and 2014 figures combined). For Targets fourth quarter, it incurred $4 Target says it doesn't yet have an estimate of the full cost of the breach. Avivah Litan, a security analyst at technology firm Gartner, puts the costs of the breach between $400 million and $450 million. Krebs on Security In-depth security ... on the stolen card data from the Target breach. Everything You Need to Know About the Target Data Breach Lawsuits. ... seeking to recover damages incurred by the data breach, including: Notification costs. The costs associated with the settlement are already reflected in the data breach liability reserves that Target has previously recognized and disclosed, the company said in a statement. Target also said the total cost of the data breach had been $202 million. Its time for Target to step up and accept their fair share of the costs associated with these types of data breaches. A survey of 1,112 credit unions revealed the Target data breach has cost credit unions about $5.68 per card.